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The adjusted trial balance columns of the worksheet for Ayayai Company are as follows. Ayayai Company Worksheet (Partial) For the Month Ended April 30, 2022
The adjusted trial balance columns of the worksheet for Ayayai Company are as follows. Ayayai Company Worksheet (Partial) For the Month Ended April 30, 2022 Adjusted Trial Balance Account Titles Cr. Dr. Cash 10,000 Accounts Receivable 7,000 2,000 Prepaid Rent Equipment 22,700 Accumulated Depreciation-Equip. 4,500 5,500 4,500 Notes Payable Accounts Payable Common Stock Retained Earnings Dividends 20,300 7,000 3.300 15.000 Service Revenue Salaries and Wages Expense Rent Expense 10,500 700 600 Depreciation Expense Interest Expense 20 Interest Payable 20 Totals 56,820 56,820 (b) Your answer is incorrect. Post the closing entries to Income Summary and Retained Earnings. (Post entries in the order of journal entries were recorded in the previous part of the question.) Income Summary 2) (1) (3) 3 Total Total Retained Earnings (4) 3300 Bal. II. (3) Bal. eTextbook and Media Assistance Used List of Accounts Assistance Used Attempts: 1 of 5 used Submit Answer Save for Later Last saved 1 hour ago. Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes
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