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The March 31, 2020, adjusted trial balance for Amusement Park Repair is shown below with accounts in alphabetical order Accounts payable Accounts receivable Accumulated depreciation,
The March 31, 2020, adjusted trial balance for Amusement Park Repair is shown below with accounts in alphabetical order Accounts payable Accounts receivable Accumulated depreciation, equipment Accumulated depreciation, truck Cash Depreciation expense Equipment Franchise Gas and oil expense Interest expense Interest payable Land not currently used in business operations Long-term notes payable? Notes payable, due February 1, 2021 Notes receivable Intangible asset Prepaid rent Rent expense Repair revenue Repair supplies Repair supplies expense Truck Unearned repair revenue Vic Sopik, capital Vic Sopik, withdrawals Totals Debit Credit $ 30,600 $ 47,600 8,600 20,600 14,000 3,400 18,689 20,600 7,100 410 710 144,000 34,200 6,600 5,200 6,600 13,600 50,600 262,000 12,700 28,600 25,600 12,200 71,700 48,600 $447,210 $447,210 $447,219 $447,210 1 $4,600 of the long-term note payable is due during the year ended March 31, 2021. $1,600 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.) Accounts payable Long-term notes payable Accounts receivable ? Notes payable 2 Accumulated depreciation, equipment Notes receivable ? Accumulated depreciation, truck 2 Patent 2 Cash Prepaid rent 1 Rent expense Depreciation expense ? Cash ? Prepaid rent ? Depreciation expense Rent expense Equipment Repair revenue Franchise ? Repair supplies ? Gas and oil expense ? Repair supplies expense Interest expense Vic Sopik, capital Interest payable ? Vic Sopik, withdrawals ? Truck Land not currently used in business operations ? Unearned repair revenue b. Calculate the post-closing balance in the owner's capital. Post-closing balance
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