Prepare the Post to the General Ledger, and Prepare a PostClosing Trial Balance

General Journal Date Debit Credit Monthly Journal Entires

1/1 Cash 25,000

Stock 25,000

1/2 Truck 14,000

Cash 2,000

Note Payable 12,000

1/3 Supplies 1,000

Accounts Payable 1,000

1/5 Prepaid Insurance 2,400

Cash 2,400

1/10 Accounts Receivable 4,000

Service Revenue 4,000

1/15 Salary Expense 2,000

Cash 2,000

1/16 Cash 2,800

Accounts Receivable 2,800

1/20 Cash 1,000

Deferred Revenue 1,000

1/25 Note Payable 500

Cash 500

1/31 Dividends 100

Cash 100

Adjusting Journal Entires

1/31 Supplies Expense 700

Supplies 700

1/31 Insurance Expense 200

Prepaid Insurance 200

1/31 Depreciation Expense 200 Accumulated Depreciation 200

1/31 Accounts Receivable 2,400

Service Revenue 2,400

1/31 Interest Expense 80

Interest Payable 80

Unadjusted Trial Balance Debit Credit

Cash 21,800

Accounts Receivable 1,200

Supplies 1,000

Prepaid Insurance 2,400

Truck 14,000

Notes Payable 11,500

Accounts Payable 1,000

Deferred Revenue 1,000

Stock 25,000

Dividend 100

Service Revenue 4,000

Salary Expense 2,000

Totals 42,500 42,500

Adjusted Trial Balance Debit Credit

Cash 21,800

Accounts Receivable 3,600

Supplies 300

Prepaid Insurance 2,200

Truck 14,000

Accum Deprec 200

Note Payable 11,500

Accounts Payable 1,000

Interest Payable 80

Deferred Revenue 1,000

Stock 25,000

Dividend 100

Service Revenue 6,400

Salary Expense 2,000

Supplies Expense 700

Insurance Expense 200

Depreciation Expense 200

Interest Expense 80

Totals 45,180 45,180