The adjusted trial balance for Salon Marketing Co. follows. Complete the four right-most columns of the table by () ensering Information for the four closing entries in the middle columns and (2) completing the poss-closing trial balance columns. SALON MARKETING CO. Work Sheet Adjusted Trial Balance Closing Entry Information Post-Closing Trial Balance No. Account Title Dr. Cr. Dr. Cr. Dr. Cr. 101 Cash 108 Accounts receivable 153 Equipment 154 Accumulated depreciation-Equipment 183 Land 201 Accounts payable 200 Salaries payable 233 Uneamed fees 301 E Salon, Capital 302 E Salon, Whdrawals 0.100 25.000 42.000 $ 17.500 31.000 15.000 4.200 3.600 74.020 15.400 401 Markeing fees eamed 611 Depreciation expense-Equipment 022 Salaries expense 640 Rent expense 077 Miscellaneous expense 001 income summary 54.000 12.000 21.731 8.200 5.200 Totals S 100.820 $ 100.820
The adjusted trial balance for Salon Marketing Co. follows. Complete the four right-most columns of the table by () ensering Information for the four closing entries in the middle columns and (2) completing the poss-closing trial balance columns. SALON MARKETING CO. Work Sheet Adjusted Trial Balance Closing Entry Information Post-Closing Trial Balance No. Account Title Dr. Cr. Dr. Cr. Dr. Cr. 101 Cash 108 Accounts receivable 153 Equipment 154 Accumulated depreciation-Equipment 183 Land 201 Accounts payable 200 Salaries payable 233 Uneamed fees 301 E Salon, Capital 302 E Salon, Whdrawals 0.100 25.000 42.000 $ 17.500 31.000 15.000 4.200 3.600 74.020 15.400 401 Markeing fees eamed 611 Depreciation expense-Equipment 022 Salaries expense 640 Rent expense 077 Miscellaneous expense 001 income summary 54.000 12.000 21.731 8.200 5.200 Totals S 100.820 $ 100.820
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![The adjusted trlal balance for Salon Marketing Co. follows. Complete the four right-most columns of the table by (1) entering
Information for the four closing entries In the middle columns and (2) completing the post-closing trial balance columns.
SALON MARKETING CO.
Work Sheet
Adjusted Trial Balance Closing Entry Information Post-Closing Trial Balance
Cr.
No.
101 Cash
Account Title
Dr.
Cr.
Dr.
Cr.
Dr.
9,100
106 Accounts receivable
153 Equipment
25,000
42,000
154 Accumulated depreciation-Equipment
183 Land
201 Accounts payable
209 Salaries payable
222 luneamed fees
$ 17,500
31,000
15,000
4,200
3,600
301 E. Salon, Capital
302 E. Salon, Withdrawals
74,926
15,400
401 Marketing fees earned
611 Depreciation expense-Equipment
622 Salaries expense
54,600
12,000
21,731
640 Rent expense
677 Miscellaneous expense
901 Income summary
8,299
5,296
Totals
$ 189,828 $189,826](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ffe46867b-8e32-4051-86e0-c12e0211534e%2F805fd01e-bb36-453e-bb1c-191ccfe2fa34%2Fwttxldv_processed.png&w=3840&q=75)
Transcribed Image Text:The adjusted trlal balance for Salon Marketing Co. follows. Complete the four right-most columns of the table by (1) entering
Information for the four closing entries In the middle columns and (2) completing the post-closing trial balance columns.
SALON MARKETING CO.
Work Sheet
Adjusted Trial Balance Closing Entry Information Post-Closing Trial Balance
Cr.
No.
101 Cash
Account Title
Dr.
Cr.
Dr.
Cr.
Dr.
9,100
106 Accounts receivable
153 Equipment
25,000
42,000
154 Accumulated depreciation-Equipment
183 Land
201 Accounts payable
209 Salaries payable
222 luneamed fees
$ 17,500
31,000
15,000
4,200
3,600
301 E. Salon, Capital
302 E. Salon, Withdrawals
74,926
15,400
401 Marketing fees earned
611 Depreciation expense-Equipment
622 Salaries expense
54,600
12,000
21,731
640 Rent expense
677 Miscellaneous expense
901 Income summary
8,299
5,296
Totals
$ 189,828 $189,826
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