Chapter 4, Problem 4.19EX

Post-closing trial balance

An accountant prepared the following post-closing trial balance:

Security Services Co. Post-Closing Trial Balance July 31, 2018
	Debit Balances	Credit Balances
Cash..............................................................	41,100
Accounts Receivable...............................................	317,400
Supplies..........................................................		5,000
Equipment........................................................		162,750
Accumulated Depreciation—Equipment.............................	73,300
Accounts Payable..................................................	82,500
Salaries Payable...................................................		5,500
Unearned Rent....................................................	12,000
Common Stock....................................................	65,000
Retained Earnings.................................................	287,950
	879,250	173,250

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