The March 31, 2020, adjusted trial balance for Amusement Park Repair is shown below with accounts in alphabetical order.

Account payable$30,000 (credit)

Accounts receivable$47,000(debit)

Accumulated depreciation, equipment8,000(credit)

Accumulated depreciation, truck20,000(credit)

Cash13,400(debit)

Depreciation expense2,800(debit)

Equipment18,000 (debit)

Franchise20,000(debit)

Gas and oil expense6,500(debit)

Interest expense350(debit)

Interest payable650(credit)

Land not currently used in business operations138,000 (debit)

Long-term notes payable¹33,000(credit)

Notes payable, due February 1, 20216,000(credit)

Notes receivable²4,000(debit)

Intangible asset6,000 (debit)

Prepaid rent13,000(debit)

Rent expense50,000 (debit)

Repair revenue256,000(credit)

Repair supplies12,100(debit)

Repair supplies expense28,000(debit)

Truck25,000(debit)

Unearned repair revenue11,600(credit)

Vic Sopik, capital66,900 (credit)

Vic Sopik, withdrawals48,000

Totals: $432,150(debit) $432,150(credit)

¹$4,000 of the long-term note payable is due during the year ended March 31, 2021.

²$1,000 of the notes receivable will be collected by March 31, 2021.

Required:

a.Select account titles, for which the account balance would not appear on the post-closing trial balance.(You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.)

check all that apply

• Accounts payable
• unanswered
• Accounts receivable
• unanswered
• Accumulated depreciation, equipment
• unanswered
• Accumulated depreciation, truck
• unanswered
• Cash
• unanswered
• Depreciation expense
• unanswered
• Equipment
• unanswered
• Franchise
• Gas and oil expense
• unanswered
• Interest expense
• unanswered
• Interest payable
• unanswered
• Land not currently used in business operations
• unanswered
• Long-term notes payable
• unanswered
• Notes payable
• unanswered
• Notes receivable
• unanswered
• Patent
• unanswered
• Prepaid rent
• unanswered
• Rent expense
• unanswered
• Repair revenue
• unanswered
• Repair supplies
• unanswered
• Repair supplies expense
• unanswered
• Vic Sopik, capital
• unanswered
• Vic Sopik, withdrawals
• unanswered
• Truck
• unanswered
• Unearned repair revenue
• unanswered

b.Calculate the post-closing balance in the owner's capital.