The April 30, 2024, adjusted trial balance of The Grind Finale Inc. is shown below. ACCOUNT Cash Accounts Receivable Prepaid Rent Supplies Equipment Accumulated Depreciation, Equipment The Grind Finale Inc. Adjusted Trial Balance April 30, 2024 Accounts Payable Unearned Service Revenue Salaries Payable Notes Payable Common Shares Retained Earnings Dividends Service Revenue Interest Revenue Salaries Expense Rent Expense Depreciation Expense, Equipment Utilities Expense Supplies Expense Total DEBIT $ 5,600 700 2,300 450 35,000 4,500 21,900 5,500 1,650 415 250 $78,265 CREDIT $ 2,700 900 300 525 4,000 8,500 19,355 41,800 185 $78,265

The April 30, 2024, adjusted trial balance of The Grind Finale Inc. is shown below. ACCOUNT Cash Accounts Receivable Prepaid Rent Supplies Equipment Accumulated Depreciation, Equipment The Grind Finale Inc. Adjusted Trial Balance April 30, 2024 Accounts Payable Unearned Service Revenue Salaries Payable Notes Payable Common Shares Retained Earnings Dividends Service Revenue Interest Revenue Salaries Expense Rent Expense Depreciation Expense, Equipment Utilities Expense Supplies Expense Total DEBIT $ 5,600 700 2,300 450 35,000 4,500 21,900 5,500 1,650 415 250 $78,265 CREDIT $ 2,700 900 300 525 4,000 8,500 19,355 41,800 185 $78,265

Name: accounting Requirements1. Prepare the April closing entries for The Gr
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Description: accounting Requirements1. Prepare the April closing entries for The Grind Finale Inc.2. Calculate the ending balance in Retained Earnings.3. Prepare a post-closing trial balance. P3-6B. Preparing closing entries and a post-closing trial balance (Lear

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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