Prepare a post closing trial balance using the amounts on the second picture. My instruction booklet says only permanent accounts(assets, liabilities, and owners capital) will have balances. My total needs to be $355,785.01

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Prepare a post closing trial balance using the amounts on the second picture. My instruction booklet says only permanent accounts(assets, liabilities, and owners capital) will have balances. My total needs to be $355,785.01

Mountain Top Hardware Practice Set R4V1
Account
Mountain Top Hardware
Post Closing Trial Balance
Debit
22
Transcribed Image Text:Mountain Top Hardware Practice Set R4V1 Account Mountain Top Hardware Post Closing Trial Balance Debit 22
Mountain Top Hardware Practice Set R4V1
Assets:
Current Assets
Acco
Merchan
Estim
Office Supplies
eceivable
cted
InkNon
Retur Inv.
نصر
paid Insurance
Notes Receivable
Shove
supplies
Interest
Total Current Assets
einble
Property Plant and Equip.
and
●Pfice Equipmat
Accum. Depric Office Equ
Store Equipment
Accum. Deprec Store Equip.
Total PPE
Total Assets
Mountain Top Hardware
Balance Sheet
June 30, 2022
122713TAS
3
MJ
4
Mo
3240
Sare
a
800
losit
410
1885
COSSE
2050
© Copyright 2020 Dr. Kirk Lynch
55000
20
Osas
io Is B e p
11
1
185 783 101
17400
3557815
TO!
Transcribed Image Text:Mountain Top Hardware Practice Set R4V1 Assets: Current Assets Acco Merchan Estim Office Supplies eceivable cted InkNon Retur Inv. نصر paid Insurance Notes Receivable Shove supplies Interest Total Current Assets einble Property Plant and Equip. and ●Pfice Equipmat Accum. Depric Office Equ Store Equipment Accum. Deprec Store Equip. Total PPE Total Assets Mountain Top Hardware Balance Sheet June 30, 2022 122713TAS 3 MJ 4 Mo 3240 Sare a 800 losit 410 1885 COSSE 2050 © Copyright 2020 Dr. Kirk Lynch 55000 20 Osas io Is B e p 11 1 185 783 101 17400 3557815 TO!
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Ok so here is my other question I know I have to zero balances out in my general ledger and post in the general journal for closing entries how do I do that and which ones do I do

10
11
12
13
14
5
9
7
8
6
Mountain Top Hardware Practice Set R4V1
1
2
3
Date
Closing Entries Only
Description
By
General Journal
Post
Ref.
Debit
© Copyright 2015.
Credit
Transcribed Image Text:10 11 12 13 14 5 9 7 8 6 Mountain Top Hardware Practice Set R4V1 1 2 3 Date Closing Entries Only Description By General Journal Post Ref. Debit © Copyright 2015. Credit
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