Question
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.
AccountBalanceAccounts Receivable1,800Accumulated Depreciation - Furniture400Cash41,820Common Stock32,400Furniture12,400Office Supplies450Prepaid Insurance1,425Retained Earnings15,695Salaries Payable3,900Unearned Revenue5,500
Balance
Account Title
Debit
Credit
Total
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Ethical Obligations and Decision Making in Accounting Text and Cases
Authors: Steven Mintz, Roselyn Morris
4th edition
978-1259543470, 1259543471, 978-1259730191
