Question
The adjusted trial balance of Edmond Edmond Real Estate Appraisal at June 30 comma 2018June 30, 2018 , follows: Edmond Real Estate Appraisal Adjusted Trial
The adjusted trial balance of Edmond Edmond Real Estate Appraisal at June 30 comma 2018June 30, 2018 , follows: Edmond Real Estate Appraisal Adjusted Trial Balance June 30, 2018 Balance Account Title Debit Credit Cash $4,000 Accounts Receivable 5,200 Office Supplies 1,600 Prepaid Insurance 2,500 Land 13,100 Building 83,000 Accumulated DepreciationBuilding $26,000 Accounts Payable 18,800 Interest Payable 8,900 Salaries Payable 1,800 Unearned Revenue 5,300 Notes Payable (long-term) 39,000 Common Stock 8,000 Retained Earnings 35,000 Dividends 26,500 Service Revenue 48,700 Insurance Expense 4,200 Salaries Expense 31,800 Supplies Expense 400 Interest Expense 8,900 Utilities Expense 2,000 Depreciation ExpenseBuilding 8,300 Total $191,500 $191,500
1. Prepare the company's classified balance sheet in report form at June 30 comma 2018June 30, 2018. 2. Journalize the closing entries. 3. T-accounts have been opened using the balances from the adjusted trial balance. Post the closing entries to the T-accounts. 4. Prepare the company's post-closing trial balance at June 30 comma 2018June 30, 2018.
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