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Prepare closing entries, and post them to the general ledger. Prepare a post- closing trial balance for march 31st. SUCCESS SYTEMS Adjusted Trial Balance March
Prepare closing entries, and post them to the general ledger. Prepare a post- closing trial balance for march 31st.
SUCCESS SYTEMS Adjusted Trial Balance March 31, 2014 Acct. No. Account Title Cash 101 106.1 Alex's Engineering Co 106.2 Wildcat Services 106.3 Easy Leasing 106.4 IMF Co. 106.5 Liu Corporation 106.6 Gomez Co. 106.7 Delta Co. 106.8 KC, Inc. 106.9 Dream, Inc. Merchandise inventory 119 126 Computer supplies 128 Prepaid insurance 131 Prepaid rent 163 Office equipment Accumulated depreciation-office equipment 164 167 Computer equipment Accumulated depreciation-Computer equip. 168 Accounts payable 201 210 Wages payable Unearned computer services revenue 236 A. Lopez, Capital 301 A. Lopez, Withdrawals 302 Computer services revenue 403 413 Sales Sales returns and allow. 414 Sales discounts 415 Cost of goods sold 502 Depreciation expense-office equipment 612 Depreciation expense-Computer equipment 613 623 Wages expense 637 Insurance expense 640 Rent expense 652 Computer supplies expense Advertising expense 655 676 Mileage expense 677 Miscellaneous expenses 684 Repairs expense-Computer Totals Debit 2,306 220 5,8 Do TROY illo, 20,000 4,300 052 400 2,475 306 Goo Credit 1240 163, 13 Step by Step Solution
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