Create the post closing trial balance dit View Insert Format Data Tools Help Last edit was 9 minutes agoBISLfxB100% -100105110120150200210215220225300305400500510515520$CCash - Big BankCash - Little BankAccounts ReceivableGL Assets% .0 .00 123-InventoryEquipmentAccounts PayableNote Payable - Big BankNote Payable - Little BankInterest Payable - Big BankInterest Payable - Little BankCommon StockRetained EarningsSales RevenueCost of Goods SoldRent ExpenseWages ExpenseInterest ExpenseType here to searchDTotalsGL Liab-EquityArialEMIN***EUGUILGL Rev-ExpHi @******E0.0010**SXXXXXXXX *****Trial BalFCIGUILRESER0.00*********IS & RE9 DateMarch 1March 1March 2March 1 Pay off the $60,000 Note Payable owed to Little Bank. The cash to pay off the note is takenout of Big Bank. Also pay to Little Bank $450 for interest owed on the Note Payable for February.The $450 cash is also taken out of Big Bank.March 15March 16OverPriced Jeans, Inc. - Transactions Additional InformationMarch 2021 TransactionsMarch 10 Sale of inventory to a customer --selling price $73,000 -- cost of the inventory sold $23,000.The customer pays cash. The cash is deposited into Little Bank.Take $26,000 cash out of Little Bank to pay employees for wages they have earned.Description of the TransactionOwners of OPJ invested an additional $55,000 cash into the business. The cash is put into Big Bank.(As an example of how to journalize and post a transaction -- this transaction has already been enteredinto the General Journal and posted to the General Ledger.)March 22March 26Take $5,000 cash out of Big Bank to pay for March's rent.The customer that purchased on credit on February 15 pays $88,000 cash to pay offthe amount due. The cash is deposited into Big Bank.March 17 Sale of inventory to a customer --selling price $113,000 -- cost of the inventory sold $33,000.The customer will pay for the purchase in 30 days.Note PayableBig Bank:Purchase $79,750 of additional inventory. OPJ will pay the manufacturer 50% of the $79,750in 10 days. OPJ will pay the remaining 50% in 30 days.March 20 Sale of inventory to a customer-selling price $165,500 -- cost of the inventory sold $40,750.The customer pays $35,500 cash that is deposited into Little Bank. The customer will pay theremaining amount in 30 days.Purchase inventory for $42,000 cash. The cash is taken out of Big Bank.Pay the manufacturer the 50% due on the March 16th purchase of inventory. The cash is takenout of Big Bank.March 30 Take $30,500 cash out of Little Bank to pay employees for wages they have earned.Additional InformationInterest due to Big Bank on the Note Payable for the month of March is $960. As of March 31OPJ owes Big Bank a total of $1,560 for interest ($600 for February + $960 for March).Interest will be paid to Big Bank in June.

Please fallow the answer below: I will give the post closing trail balance along with journal…

100% - $% 0.00 123 B JUTIL T 00 105 110 120 150 200 210 215 220 225 200 C ACCOUmic Name D Cash - Big Bank Cash - Little Bank Accounts Receivable Inventory Equipment Accounts Payable Note Payable - Big Bank Note Payable - Little Bank Interest Payable - Big Bank Interest Payable - Little Bank Arial Y E UGUIL 10 Y BI F CIGUIL