don't give answer in image format Post-Closing Trial BalanceAn accountant prepared the following post-closing trial balance:Security Services Co.Post-Closing Trial BalanceJuly 31, 20YOCashAccounts ReceivableSuppliesEquipmentAccumulated Depreciation-EquipmentAccounts PayableSalaries PayableUnearned RentCommon StockRetained EarningsDebit Balances Credit Balances10,40023,09034,32012,4804,68013,50071,690170,1601,460102,8601,140105,460 Prepare a corrected post-closing trial balance. Assume that all accounts have normal balances and that the amounts shown are correct. If an amount box does not require anentry, leave it blankCashSecurity Services Co.Post-Closing Trial BalanceJuly 31, 2010Accounts ReceivableSuppliesEquipmentAccumulated Depreciation-EquipmentAccounts PayableSalaries PayableUnearned RentCommon StockRetained EarningsDebit Balances Credit Balances

Trial balance is the statement which is prepared by the entity for the purpose of determining that…

Post-Closing Trial Balance An accountant prepared the following post-closing trial balance: Cash Security Services Co. Post-Closing Trial Balance July 31, 20YO Accounts Receivable Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries Payable Unearned Rent Common Stock Retained Earnings Debit Balances Credit Balances 10,400 23,090 34,320 12,480 4,680 13,500 71,690 170,160 1,460 102,860 1,140 105,460

Post-Closing Trial Balance An accountant prepared the following post-closing trial balance: Cash Security Services Co. Post-Closing Trial Balance July 31, 20YO Accounts Receivable Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries Payable Unearned Rent Common Stock Retained Earnings Debit Balances Credit Balances 10,400 23,090 34,320 12,480 4,680 13,500 71,690 170,160 1,460 102,860 1,140 105,460

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter4: The Adjustment Process

Section: Chapter Questions

Problem 11EA: Prepare adjusting journal entries, as needed, considering the account balances excerpted from the...

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Financial Statements, Closing Entries & Ratio Analysis You are asked to support Telcel Company with its Financial Reporting requirements. The Senior Manager provided you with the following Adjusted Trial Balance: Telcel Company TRIAL BALANCE (Adjusted) 31-Mar-21 Debit Credit Cash 10,450 Accounts Receivable 16,800 Prepaid Rent Supplies 7,600 1,500 Inventory Buildings Equipment 6,400 125,000 32,000 Accumulated Depreciation – Equipment 7,200 Accumulated Depreciation – Buildings Accounts Payable Notes Payable (due 2024) 21,000 13,900 49,000 Unearned Service Revenue 9,450 Share Capital Retained Earnings 76,000 31,650 Dividends 8,000 Service Revenue 68,400 Advertising Expense Salaries and Wages Expense 1,750 47,800 Utilities Expense 5,400 Supplies Expense Depreciation Expense Interest Expense Rent Expense 2,600 8,400 1,100 1,800 Total 276,600 276,600 Additional Information: 2020 Data Accounts Receivable $8,100 Total Assets $158,930
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