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Account Title Debit Credit Cash 44,195 Accounts Receivable 8,080 Supplies 715 Prepaid Rent 1,600 Prepaid Insurance 1,225 Office Equipment 14,500 Accumulated Depreciation 660 Accounts Payable 895 Salaries Payable 325 Unearned Fees 3,210 Kelly Pitney, Capital 42,300 Kelly Pitney, Drawing 10,500 Fees Earned 40,000 Salary Expense 1,705 Rent Expense 1,600 Supplies Expense 1,370 Depreciation Expense 330 Insurance Expense 275 Miscellaneous Expense 1,295 87,390 87,390 Kelly Consulting Post-Closing Trial Balance May 31, 2019 Debit Account Title Credit

Account Title Debit Credit Cash 44,195 Accounts Receivable 8,080 Supplies 715 Prepaid Rent 1,600 Prepaid Insurance 1,225 Office Equipment 14,500 Accumulated Depreciation 660 Accounts Payable 895 Salaries Payable 325 Unearned Fees 3,210 Kelly Pitney, Capital 42,300 Kelly Pitney, Drawing 10,500 Fees Earned 40,000 Salary Expense 1,705 Rent Expense 1,600 Supplies Expense 1,370 Depreciation Expense 330 Insurance Expense 275 Miscellaneous Expense 1,295 87,390 87,390 Kelly Consulting Post-Closing Trial Balance May 31, 2019 Debit Account Title Credit

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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prepare postclosing etnry

Account Title Debit Credit Cash 44,195 Accounts Receivable 8,080 Supplies 715 Prepaid Rent 1,600 Prepaid Insurance 1,225 Office Equipment 14,500 Accumulated Depreciation 660 Accounts Payable 895 Salaries Payable 325 Unearned Fees 3,210 Kelly Pitney, Capital 42,300 Kelly Pitney, Drawing 10,500 Fees Earned 40,000 Salary Expense 1,705 Rent Expense 1,600 Supplies Expense 1,370 Depreciation Expense 330 Insurance Expense 275 Miscellaneous Expense 1,295 87,390 87,390
Transcribed Image Text:Account Title Debit Credit Cash 44,195 Accounts Receivable 8,080 Supplies 715 Prepaid Rent 1,600 Prepaid Insurance 1,225 Office Equipment 14,500 Accumulated Depreciation 660 Accounts Payable 895 Salaries Payable 325 Unearned Fees 3,210 Kelly Pitney, Capital 42,300 Kelly Pitney, Drawing 10,500 Fees Earned 40,000 Salary Expense 1,705 Rent Expense 1,600 Supplies Expense 1,370 Depreciation Expense 330 Insurance Expense 275 Miscellaneous Expense 1,295 87,390 87,390
Kelly Consulting Post-Closing Trial Balance May 31, 2019 Debit Account Title Credit
Transcribed Image Text:Kelly Consulting Post-Closing Trial Balance May 31, 2019 Debit Account Title Credit
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