Create a post closing trial balance for Gj business -H11D.H.Iral Balapce Adjusted Inal Balance hcome StatementBalance ShoetPust Closing InaDebitCheditDebitCreditCash130,200.00130,200.00130,200.00130,200.00Supplies60,000.009,000.006,000.00130,000.0020,000.0020,000.0020,000.00Prepaid RentPrepaid InsuranceAccounts ReceivableDAllowance for Doubtful Accounts9,000.009,000.009,000.006,000.006,000.006,000.00130,000.00130,000.00130,000.0010,000.0010,000.0010,000.00Equipment2 Accounts Payable13 Salaries Payable4 Loan Payable30,000.0030,000.0030,000.00=H1130,000.0030,000.0030,000.0030,000.0030,000.0050,000.0050,000.0050,000.005 George, Capital16 George Drawings17 Service Revenuel100,000.00100,000.00235,200.0030,000.0030,000.0030,000.00400,000.00400,000.00400,000.0018 License Expense4,800.004,800.004,800.0019 Salaries Expense20 Bad Debt Expense210,000.0010,000.0040,000.00210,000.0010,000.00180,000.0021 Supplies Expense22 Total580,000.00580,000.00620,000.00620,000.00135,200.00355,200.00355,200.0023LedgerUnadjustedPoint>>Documents31°C Partly su...

A post-closing trial balance is a statement that contains all the items which have a non-zero…

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Business

Accounting

Create a post closing trial balance for Gj business

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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