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Use the following to answer questions 30-33 The following account balances appear in the 200 year-end POST-closing trial balance of BC Corporation: Cash $50,000 Accounts
Use the following to answer questions 30-33 The following account balances appear in the 200 year-end POST-closing trial balance of BC Corporation: Cash $50,000 Accounts Receivable 75,000 Inventory 325,000 Equipment 750,000 Accumulated Depreciation 250,000 Accounts Payable 35,000 Notes Payable 275.000 Common stock 400,000 Retained earnings 30.5 31. 5 _Determine the total amount of debits that would be shown on the post-closing trial balance _Determine retained earnings that would be shown on the post-closing trial balance _Determine total current assets Determine the book value of the equipment 32. S 33. S
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