1. Open the T-accounts using the balances from the adjusted trial balance, and post the closing entries to the T-accounts.

2. Prepare the companys post-closing trial balance at June 30,2018.

ROCKET REAL ESTATE APPRAISAL Adjusted Trial Balance June 30, 2018 Balance Account Title Debit Credit Cash $ 5,000 Accounts Receivable Office Supplies Prepaid Insurance 5,500 1,600 1,700 Land 12,800 71,000 $ 25,200 18,700 8,000 Building Accumulated Depreciation Building Accounts Payable Interest Payable Salaries Payable Unearned Revenue Notes Payable (long-term) Common Stock Retained Earnings 2,100 1,000 37,000 5,000 33,000 Dividends 25,800 48,100 4,100 32,000 600 Service Revenue Insurance Expense Salaries Expense Supplies Expense Interest Expense Utilities Expense Depreciation ExpenseBuilding Total 8,000 2,900 7,100 $ 178,100 $ 178,100