The year end financial statements of Rotters Tax Services are provided below. RATTLERS TAX SERVICES Income Statement Service revenue Expensest Salaries $44,100 Utilities 6,300 Insurance 3,900 Supplies 1.150 Net Income 55,450 $12,550 RATTLERS TAX SERVICES Statement of Stockholders' Equity Common retained Stock Earnings Beginning balance, Jan. 1 $41,020 $22,600 Issue stock 11,000 Net Income 12,550 Dividends (4.100) Ending balance, Dec. 31 352,600 $31, ose Total Stockholders Equity 63,600 11,000 12,55e (4100) $83,ese Assets Cash Accounts receivable Land $ 5,ese 5 2,800 5,300 BD, RATTLERS TAX SERVICES Balance Sheet Liabilities Accounts payable Stockholders' Equity: Common stock Retained earnings Total liabilities and equities 552, cee 31.05 Total assets 588,100 83, ese 585, 100 Problem 3-6A Part 2 2. Prepare a post-closing trial balance. (Hint: The balance of Retained Earnings will be the amount shown in the balance sheet) RATTLERS TAX SERVICES Post-Closing Trial Balance Accounts Debit Credit