WIESMULLER PUBLISHING COMPANY Post-Closing Trial Balance December 31, 20 16 Debits 65,000 160,000 285,000 148,000 320,000 Credits Account Title Cash Accounts receivable Inventories Prepaid expenses Machinery and equipment Accumulated depreciation - equipment Investments Accounts payable Interest payable Unearned revenue Taxes payable Notes payable Allowance for uncollectible accounts Common stock Retained eamings 110,000 140,000 60,000 20,000 80,000 30,000 200,000 16,000 400,000 202,000 1,118,000 Totals 1,118,000 Additional Information: Prepaid 2 year lease paid on 12/31/2016 Treasury bills purchased 11/30/2016 Treasury bill matunty Investments intended for sale next year Prepaid subscriptions of 1 year or less Note due in six months Note due in six years Note due in three annual installments Installments amount Shares of no par common stock Shares of common stock authorized $ 120,000 $ 30,000 1/30/17 $ 110,000 $80,000 $ 40,000 $ 100,000 $ 60,000 $20,000 400,000 800,000