Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please help me prepare a post closing trail balance. the assets are the following cash 22700 accounts receivable 8900 prepaid insurance 1000 supplies 2000 equipment

please help me prepare a post closing trail balance. the assets are the following cash 22700 accounts receivable 8900 prepaid insurance 1000 supplies 2000 equipment 10000 the liabilities are the following accounts payable 3500 notes payable 20000 accumulated equipment 4000 unearned revenue 3500 salary payable 900 interest payable 2000. the profit from the income statement is 43785 the withdraw is 10100 please show me the calculations.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Practical Guide To Accountancy

Authors: Ajit Kumar Chattopadhyay, Amalendu Mukhopadhyay

1st Edition

1642874264, 9781642874266

More Books

Students also viewed these Accounting questions