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Tableau DA 4-2: Exercise, Preparing a post-closing trial balance and current assets section of a balance sheet LO P3, C1 (similar to EX 4-9, QS
Tableau DA 4-2: Exercise, Preparing a post-closing trial balance and current assets section of a balance sheet LO P3, C1 (similar to EX 4-9, QS 4-15] [The following information applies to the questions displayed below.] The CEO of Jisko requests our help in preparing year-end financial reports. The CEO explains that they are having difficulty classifying accounts. The Tableau dashboard shows December 31 year-end data from the company's accounting system. Assets Long-Term Investment in Stocks Notes Receivable (due in 3 years) Land Prepaid Expenses Accounts Receivable Cash Supplies Intangible Assets Inventory Trucks Liabilities & Equity Accounts Payable Wages Payable Interest Payable Notes Payable (due in 9 years) Mortgage Payable (due in 20 years) J. Carter, Capital $0 $25,000 $50,000 $75,000 $100,000 $125,000 1. Prepare a post-closing trial balance at its December 31 year-end. (Hint: remember to include accumulated depreciation - trucks.) JISKO Post-Closing Trial Balance December 31 Debit Credit Totals
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