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Prepare the Post-Closing Trial Balance for Smart Touch Learning as of December 31, 2016. Enter accounts in order of assets, liabilities, and equity. Assume all
Prepare the Post-Closing Trial Balance for Smart Touch Learning as of December 31, 2016. Enter accounts in order of assets, liabilities, and equity. Assume all accounts have normal balances.
Account | Balance |
---|---|
Accounts Receivable | 1,800 |
Accumulated Depreciation - Furniture | 400 |
Cash | 41,820 |
Common Stock | 32,400 |
Furniture | 12,400 |
Office Supplies | 450 |
Prepaid Insurance | 1,425 |
Retained Earnings | 15,695 |
Salaries Payable | 3,900 |
Unearned Revenue | 5,500 |
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