QUESTION

Roadster Tune Center, Inc.

Adjusted Trial Balance

June 30, 2019

Account Debit. Credit

Cash $ 21,200

Accounts receivable 38,900

Supplies 14,300

Prepaid insurance 1,800

Equipment 32,600

Acc.dep:equipment 26,800

Building 42,800

Acc.dep:building 10,800

Land 28,300

Accounts payable 22,700

Notes payable 22,400

Interest payable 100

Wages payable 200

Uneraned service revenue 5,600

Capital stock 79,100

Retained earnings -

Dividends 4,200

Service revenue 26,100

Dep. expense: equipment600

Dep. expense: building 300

Wages expense 3,400

Insurance expense 500

Interest expense 100

Utilities expense 1,100

Advertising expense 400

Supplies expense 3,300

Total 193,800193,800

Required:a. Prepare the financial statements.

b. Prepare (journalize) the closing entries.

c. Prepare the after-closing trial balance.