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Victoria Lee Company had the following adjusted trial balance. Victoria Lee Company had the following adjusted trial balance. Victoria Lee Company Adjusted Trial Balance For
Victoria Lee Company had the following adjusted trial balance.
Victoria Lee Company had the following adjusted trial balance. Victoria Lee Company Adjusted Trial Balance For the Year Ended June 30, 2022 Adjusted Trial Balance Account Titles Debit Credit Cash $3,712 Accounts Receivable 3,904 Supplies 480 Accounts Payable $1,382 Salaries and Wages Payable 460 Owner's Capital Owner's Drawings 550 Service Revenue 4,300 Advertising Expense 256 Supplies Expense 1,900 Salaries and Wages Expense 1.260 $12,062 $12,062 5,920 Prepare closing entries at June 30, 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit 1 (To close revenue account) 2. (To close expense accounts) 3. (To close net income / (loss) 4. (To close drawings) Prepare a post-closing trial balance. VICTORIA LEE COMPANY Post-Closing Trial Balance Debit Credit $ $ Totals $ $Step by Step Solution
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