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Posting refers to the process of transferring information from: A trial balance to Adjustment column General ledger accounts to a journal Journal to a worksheet

Posting refers to the process of transferring information from:

A trial balance to Adjustment column

General ledger accounts to a journal

Journal to a worksheet

A general journal to the general ledger accounts

Following is an extract of account balances of Wilson Mowing Services as of December 31 of the first year of operation. What is the amount of total assets at the end of the year?

Accounts receivable

$ 5,000

Accounts payable

4,000

Salary expense

5,000

Repairs expense

1,000

Truck

10,000

Equipment

8,000

Notes payable

8,200

Cash

7,500

Supplies expense

1,600

Service revenue

32,000

Gasoline expense

3,800

Salary payable

200

$15,000

$30,500

$18,000

$25,500

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