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Prepare a post closing trial balance. (The following information applies to the questions displayed below.) The December 31, 2021, adjusted trial balance for Fightin' Blue
Prepare a post closing trial balance.
(The following information applies to the questions displayed below.) The December 31, 2021, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. Credit Debit $ 10,400 134,000 4,400 22,000 240,000 Accounts Cash Accounts Receivable Prepaid Rent Supplies Equipment Accumulated Depreciation Accounts Payable Salaries Payable Interest Payable Notes Payable (due in two years) Common Stock Retained Earnings Service Revenue Salaries Expense Rent Expense Depreciation Expense Interest Expense Totals $ 119,900 10,400 9,400 3,400 24,000 140,000 44,000 340,000 240,000 12,000 24,000 3,400 $690,200 $690,200 2. Prepare a post-closing trial balance. FIGHTIN BLUE HENS CORPORATION Post-Closing Trial Balance December 31, 2021Step by Step Solution
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