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Question 3 (4 marks) Engineering Services Ltd prepared the following adjusted and post-closing entries trial balances for the month ended at 31st March. Adjusted Trial
Question 3 (4 marks) Engineering Services Ltd prepared the following adjusted and post-closing entries trial balances for the month ended at 31st March. Adjusted Trial Balance. Post-closing entries trial balance Cr $ 898 Cr $ Dr $ 898 2 652 1920 15 600 2 652 1920 15 600 3 594 1 260 3 594 1 260 780 780 600 Account names Cash Accounts receivable Supplies Office equipment Accumulated Depreciation Accounts Payable Service revenue received in advance Salaries Payable Share Capital Dividends Retained earnings Service Revenue Depreciation Expense Supplies Expense Salaries Expense Rent Expense Tax expense Totals 600 9 400 9 400 800 5 400 5 436 7 200 344 750 2 520 2 400 350 $28 234 $28 234 $21 070 $21 070 Required: 1. Prepare a classified balance sheet at 31 march
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