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Novak Company Worksheet For the Year Ended December 31, 2019 Adjusted Trial Balance Account No. Account Titles Dr. Cr. 101 Cash 5,400 112 Accounts Receivable 10,800 126 Supplies 1,700 130 Prepaid Insurance 2,100 157 Equipment 27,500 158 Accumulated Depreciation-Equipment 5,000 200 Notes Payable 13,700 201 Accounts Payable 6,100 212 Salaries and Wages Payable 2,400 230 Interest Payable 700 311 Common Stock 9,645 Retained Earnings 320 3,055 332 Dividends 6,300 400 Service Revenue 62,900 610 Advertising Expense 8,500 631 Supplies Expense 3,800 711 Depreciation Expense 5,000 722 Insurance Expense 4,000 726 Salaries and Wages Expense 27,700 905 Interest Expense 700 103,500 Totals 103,500 Collapse question part (d) Post the closing entries. (Post entries in the order of journal entries pr Retained Earnings No.301 Debit Date Explanation Ref Credit Balance Jan. 31 Balance 3055 3055 Dec. 31 Closing entry J14 Dec. 31 Closing entry J14 Dividends No.306 Debit Balance Date Explanation Ref Credit Dec. 31 Balance Dec. 31 Closing entry J14 Income Summary No.350 Date Explanation Ref Debit Balance Credit Dec. 31 Closing entry J14 Dec. 31 Closing entry J14 Dec. 31 Closing entry J14 Service Revenue No.400 Date Debit Credit Balance Explanation Ref Dec. 31 Balance Prepare a post-closing trial balance. Novak Company Post-Closing Trial Balance Debit Credit

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