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Rose I. Perez started his own business venture last January 1, 2014, with the name of Fa Thai Milktea. Because of the carelessness of one
Rose I. Perez started his own business venture last January 1, 2014, with the name of Fa Thai Milktea. Because of the carelessness of one of her employees, Mai Zhu Nog, burned the whole place down on September 19, 2022. Luckily, some of the data were salvages. Her insurance company is requiring Rose I. Perez to submit the post-closing trial balance before the fire. The table given below are the salvaged data of Fa Thai Milktea. Prepare the adjusting entries, closing entries, and post-closing trial balance.Land 600,000.00 600,000.00 Building 1,900,000.00 1,900,000.00 Accumulated Depreciation - 450,000.00 650,000.00 Building Computer 900,000.00 900,000.00 Equipment Accumulated Depreciation - 300,000.00 380,000.00 Computer Equipt. Notes 600,000.00 600,000.00 Payable Accounts 143,000.00 Payable 143,000.00 Salaries 300,000.00 Payable Interest 80.000.00 PayableMortgage 470,000.00 470,000.00 Payable Bumak Sak 2,712,000.00 2,712,000.00 Nah, Capital Bumak Sak Nah, 300,000.00 300,000.00 Withdrawals Service 3,000,000.00 3,000,000.00 Revenues Salaries |1, 700,000.00 2,000,000.00 Expense Doubtful Accounts 200,000.00 Expense Insurance 120,000.00 Expense Supplies 153,000.00 Expense Depreciation Expense - 200,000.00 BuildingMortgage 470,000.00 470,000.00 Payable Bumak Sak 2,712,000.00 2,712,000.00 Nah, Capital Bumak Sak Nah, 300,000.00 300,000.00 Withdrawals Service 3,000,000.00 3,000,000.00 Revenues Salaries |1, 700,000.00 2,000,000.00 Expense Doubtful Accounts 200,000.00 Expense Insurance 120,000.00 Expense Supplies 153,000.00 Expense Depreciation Expense - 200,000.00 Building\f
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