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The following is a December 31, 2013, post-closing trial balance for Almway Corporation. Account Title Debits Credits Cash 53,000 Investments 118,000 Accounts receivable 64,000 Inventories
The following is a December 31, 2013, post-closing trial balance for Almway Corporation. |
Account Title | Debits | Credits | ||||
Cash | 53,000 | |||||
Investments | 118,000 | |||||
Accounts receivable | 64,000 | |||||
Inventories | 204,000 | |||||
Prepaid insurance | 8,000 | |||||
Land | 98,000 | |||||
Buildings | 424,000 | |||||
Accumulated depreciation |
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