La Casa Services Co. Post-Closing Trial Balance March 31, 2016 Debit Balances Balances Credit Cash.......... 46,540 Accounts Receivable. 122,260 Supplies ..... Equipment .... 4,000 127,200 Accumulated Depreciation-Equipment.. Accounts Payable.... Salaries Payable Unearned Rent. 33,600 52,100 6,400 9,000 Common Stock... 40,000 Retained Earnings 158,900 462,400 137,600

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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An accountant prepared the following post-closing trial balance

Prepare a corrected post-closing trial balance. Assume that all accounts have normal balances and that the amounts shown are correct

La Casa Services Co.
Post-Closing Trial Balance
March 31, 2016
Debit
Balances Balances
Credit
Cash..........
46,540
Accounts Receivable.
122,260
Supplies .....
Equipment ....
4,000
127,200
Accumulated Depreciation-Equipment..
Accounts Payable....
Salaries Payable
Unearned Rent.
33,600
52,100
6,400
9,000
Common Stock...
40,000
Retained Earnings
158,900
462,400
137,600
Transcribed Image Text:La Casa Services Co. Post-Closing Trial Balance March 31, 2016 Debit Balances Balances Credit Cash.......... 46,540 Accounts Receivable. 122,260 Supplies ..... Equipment .... 4,000 127,200 Accumulated Depreciation-Equipment.. Accounts Payable.... Salaries Payable Unearned Rent. 33,600 52,100 6,400 9,000 Common Stock... 40,000 Retained Earnings 158,900 462,400 137,600
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