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The Adjusted Trial Balance section of the worksheet for Van Zant Janitorial Supplies follows. The owner made no additional Investments during the year. es Accounts

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The Adjusted Trial Balance section of the worksheet for Van Zant Janitorial Supplies follows. The owner made no additional Investments during the year. es Accounts Cash Accounts Receivable Allowance for Doubtful Accounts Merchandise Inventory Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Accounts Payable Social Security Tax Payable Medicare Tax Payable Steven Van Zant, Capital Steven Van Zant, Drawing Income Summary Sales Sales Returns and Allowances Purchases Freight In Purchases Returns and Allowances Purchases Discounts Rent Expense Telephone Experise Salaries Expense Payroll Taxes Expense Supplies Expense Insurance Expense Depreciation Expense-Equipment Uncollectible Accounts Expense Totals Debit Credit $ 18,200 59,400 260 185,800 7,100 3,020 50,600 17,400 8,300 1,350 450 275,510 73,600 179,600 185,800 771,000 14,000 486,500 5,000 8,100 4,900 33,400 6,210 122,740 11,400 6,200 1,520 7,700 1,080 $1,273,070 $1,273,070 Prepare a postclosing trial balance for the firm on December 31, 2019 VAN ZANT JANITORIAL SUPPLY Post-closing Trial Balance December 31, 2019 Account name Mohit Credit Prepare a postclosing trial balance for the firm on December 31, 2019 VAN ZANT JANITORIAL SUPPLY Post-closing Trial Balance December 31, 2019 Account name Debit Credit Cash $ 18,200 Accounts receivable 59.400 Allowance for doubtful accounts Merchandise inventory 185,800 Supplies 7.100 Prepaid insurance 3,020 Equipment 50.600 Accumulated depreciation- 17,400 Equipment Accounts payable 8,300 Social security tax payable 1,350 Medicare tax payable Steven Van Zant, Capital Steven Van Zant, Drawing Income summary Sales Sales returns and allowances Purchases Freight in Purchases returns and allowances Purchases discounts Rent expense Telephone expense Salaries expense Payroll taxes expense Supplies expense Insurance expense Depreciation expense- Equipment Uncollectible accounts expense Totals $ 324,120 $ 303,270

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