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The following is a December 31, 2018, post-closing trial balance for Almway Corporation. Credits Account Title Cash Investments Accounts receivable Inventories Prepaid insurance (for the
The following is a December 31, 2018, post-closing trial balance for Almway Corporation. Credits Account Title Cash Investments Accounts receivable Inventories Prepaid insurance (for the next 9 months) Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation-equipment Patents (net of amortization) Accounts payable Notes payable Interest payable Bonds Payable Common stock Retained earnings Debits $73,000 138,000 74,000 214,000 5,000 118,000 434,000 114,000 124,000 74,000 24,000 103,000 172,000 34,000 254,000 342,000 111,000 $1,204,000 $1,204,000 Totals
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