Cr. Question 1 The adjusted trial balance columns of the worksheet for Bridgeport Company are...
60.1K
Verified Solution
Question
Accounting
Cr. Question 1 The adjusted trial balance columns of the worksheet for Bridgeport Company are as follows. BRIDGEPORT COMPANY Worksheet (partial) For the Month Ended April 30, 2017 Adjusted Trial Balance Account Titles Dr. Cash 7,600 Accounts Receivable 8,250 Prepaid Rent 2,300 Equipment 30,000 Accumulated Depreciation-Equip. 5,100 Notes Payable 6,500 Accounts Payable 5,580 Share Capital-Ordinary 27,330 Retained Earnings 4,500 Dividends 3,500 Service Revenue 13,900 Salaries and Wages Expense 9,890 Rent Expense 770 Depreciation Expense 600 Interest Expense 60 Interest Payable 60 Totals 62,970 62,970 ES Journalize the closing entries at April 30. (Credit account titles are automatically indented when amo Sr. No. Date Account Titles and Explanation 1. Apr. 30 Debit Credit (To close revenue account.) Apr. 30 2. (To close expense accounts.) 3. Apr. 30 (To close net income/ (loss).) 4. Apr. 30 (To close dividends.) Post the closing entries. (Post entries in the order of journal entries posted in the p Income Summary Retained Earnings SHOW LIST OF ACCOUNTS Pronarnost closing trial balance at April 30 Prepare a post-closing trial balance at April 30. BRIDGEPORT COMPANY Post-Closing Trial Balance April 30, 2017 Debit Credit




Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.