Presented below is the trial balance of the Kingbird Golf Club, Inc. as of December 31. The books are closed annually on December 31. Credit $1,100 38,310 KINGBIRD GOLF CLUB, INC. TRIAL BALANCE DECEMBER 31 Debit Cash $16,360 Accounts Receivable 15,900 Allowance for Doubtful Accounts Prepaid Insurance 9,290 Land 385,300 Buildings 150,000 Accumulated Depreciation-Buildings Equipment 173,900 Accumulated Depreciation Equipment Common Stock Retained Earnings Dues Revenue Green Fees Revenue Rent Revenue Utilities Expenses 55,180 Salaries and Wages Expense 84,470 Maintenance and Repairs Expense 29,270 $919,670 75,370 437,100 134,418 211,500 5,372 16,500 $919,670

Post closing entries.