given below are the Unadjusted Trial Balance & Adjusted Trial Balance columns prepared for the Greece Corporation for the month ended March 31, 2010. Adjusted Trial Unadjusted Trial Balance Balance Particulars Debit Credit Debit Credit Cash 49800 49800 Commissions Receivable 30000 38500 Office Supplies Office Equipment 6000 2400 66000 66000 Accumulated Depreciation: Office Equipment Accounts Payable Salaries Payable Unearned Commissions Capital Stock Dividends Commissions Earned Salaries Expense Rent Expense Office Supplies Expense 24200 25300 16600 16600 5500 1900 123000 4000 123000 10000 10000 69000 79600 60000 65500 15000 15000 3600 Depreciation Expense: Office Equipment 1100 Total 236800 236800 251900 251900 Instructions: a. Prepare necessary adjusting entries from the two-trial balance given above. b. Prepare Closing Entries & After Closing Trial Balance for the month ended 31 March 2010

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Bookkeeping

Bookkeeping is the process of recording the financial transactions of a company on a regular basis. With the process of bookkeeping, companies can track important financial information that helps management in making crucial decisions.