Question
The adjusted trial balance columns of the worksheet for Albanese Company are as follows. Cash DR 7,903 Accounts Receivable DR 7,203 Prepaid Rent DR 2,371
The adjusted trial balance columns of the worksheet for Albanese Company are as follows. Cash DR 7,903 Accounts Receivable DR 7,203 Prepaid Rent DR 2,371 Equipment DR 22,922 Accumulated DepreciationEquip. CR 5,134 Notes Payable CR 5,857 Accounts Payable CR 5,464 Common Stock CR 22,093 Retained Earnings 4,183 Dividends 3,119 Service Revenue CR 12,349 Salaries and Wages Expense DR 10,151 Rent Expense DR 792 Depreciation Expense DR 619 Interest Expense DR 37 Interest Payable CR 37 Totals 55,117 55,117 A. Post the closing entries. B. Post the closing entries to Income Summary and Retained Earnings. Use T accounts. C. Prepare a post-closing trial balance at April 30. **Specific Charted format**
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