The March 31, 2014, adjusted trial balance for sopik Refrigeration Repairs is shown below with accounts in alphabetical order.

1 $5,000 of the long-term note payable is due during the year ended March 31, 2015.
2 $2,000 of the notes receivable will be collected by March 31, 2015.
Required
Preparation Component:
a. Place an 'X' in the space provided beside each account balance that would not appear on the post-closing trial balance.
b. Calculate the post-closing balance in the owner's capital.
Analysis Component:
Explain why the account balances identified in part (a) would not appear on the post closing trial balance.

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Debit Credit S 31,000 Accounts payable Accounts receivable Accumulated depreciation, equipment. Accumulated depreciation, truck Cash Depreciation expense Equipment 48,000 9,000 21,000 14,400 3,800 19,000 21,000 7,500 450 Franchise Gas and oil expense Interest expense Interest payable 750 Land not currently used in business operations148,000 35,000 7,000 Long-term notes payable' Notes payable, due February 1, 2015 s receivable? 6,000 7,000 14,000 51,000 Patent Prepaid rent Rent expense Repair revenue 266,000 Repair supplies Repair supplies expense 13,100 29,000 26,000 Truck Unearned repair revenue Vic Sopik, capital Vic Sopik, withdrawals Totals 12,600 74,900 49,000 $457,250 $457,250