The following transactions pertain to Smith Training Company for Year 1 Jan 30 Established the business when it acquired $53,000 cash from the issue of common stock Feb 1 Paid rent for office space for two years, $15,300 cash Apr 10 Purchased $840 of supplies on account July 1 Received $29,500 cash in advance for services to be provided over the next year 20 Paid $630 of the accounts payable from April 10 Aug 15 Billed a customer $10,100 for services provided during August Sept 15 Completed a job and received $3,100 cash for services rendered Oct 1 Paid employee salaries of $34,500 cash 15 Received $8,500 cash from accounts receivable Nov 16 Billed customers $31,000 for services rendered on account Dec 1 Paid a dividend of $1,300 cash to the stockholders 31 Adjusted records to recognize the services provided on the contract of July 1 31 Recorded $2,450 of accrued salaries as of December 31 31 Recorded the rent expense for the year (See February 1 ) 31 Physically counted supplies $50 was on hand at the end of the period THERE IS ONLY THAT AMOUNT OF SLOTS f Prepare a post closing trial balance Yr 1 (Round your final answers to the nearest whole dollar amount ) SMITH TRAINING COMPANY Post Closing Trial Balance December 31, Year 1 Account Titles Debit Credit Totals

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The following transactions pertain to Smith Training Company for Year 1: Jan. 30 Established the business when it acquired $53,000 cash from the issue of

The following transactions pertain to Smith Training Company for Year 1:

Jan.	30	Established the business when it acquired $53,000 cash from the issue of common stock.
Feb.	1	Paid rent for office space for two years, $15,300 cash.
Apr.	10	Purchased $840 of supplies on account.
July	1	Received $29,500 cash in advance for services to be provided over the next year.
	20	Paid $630 of the accounts payable from April 10.
Aug.	15	Billed a customer $10,100 for services provided during August.
Sept.	15	Completed a job and received $3,100 cash for services rendered.
Oct.	1	Paid employee salaries of $34,500 cash.
	15	Received $8,500 cash from accounts receivable.
Nov.	16	Billed customers $31,000 for services rendered on account.
Dec.	1	Paid a dividend of $1,300 cash to the stockholders.
	31	Adjusted records to recognize the services provided on the contract of July 1.
	31	Recorded $2,450 of accrued salaries as of December 31.
	31	Recorded the rent expense for the year. (See February 1.)
	31	Physically counted supplies; $50 was on hand at the end of the period. THERE IS ONLY THAT AMOUNT OF SLOTS

f. Prepare a post-closing trial balance Yr 1 (Round your final answers to the nearest whole dollar amount.) SMITH TRAINING COMPANY Post-Closing Trial Balance December 31, Year 1 Account Titles Debit Credit Totals