Chapter 4, Problem 4.19EX

Post-closing trial balance

An accountant prepared the following post-closing trial balance:

La Casa Services Co. Post-Closing Trial Balance March 31, 2016
	Debit Balances	Credit Balances
Cash……………………………………………………………	46,540
Accounts Receivable.............................................	122,260
Supplies........................................................		4,000
Equipment......................................................		127,200
Accumulated Depreciation — Equipment...........................	33,600
Accounts Payable................................................	52,100
Salaries Payable.................................................		6,400
Unearned Rent..................................................	9,000
Common Stock..................................................	40,000
Retained Earnings...............................................	158,900
	462,400	137,600

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