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Required information [The following information applies to the questions displayed below.] Edwards Corporation operates hair salons under various brand names. The following is a simplified

Required information

[The following information applies to the questions displayed below.]

Edwards Corporation operates hair salons under various brand names. The following is a simplified list of accounts and amounts (in millions) reported in the companys accounts for the year ended June 30, 2016.

Accounts Payable $ 76
Accounts Receivable 80
Accumulated Amortization 16
Accumulated Depreciation 217
Amortization Expense 8
Cash 155
Common Stock 260
Depreciation Expense 71
Equipment 510
Income Tax Expense 8
Interest Expense 16
Inventories 163
Notes Payable (long-term) 162
Office Expenses 119
Prepaid Rent 53
Rent Expense 210
Retained Earnings 476
Salaries and Wages Expense 620
Salaries and Wages Payable 145
Service Revenue 1,156
Software 376
Supplies Expense 119

Prepare a post-closing trial balance at June 30, 2016. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).)

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