Question #1: Psyche Company had the following adjusted trial balance. PSYCHE COMPANY Adjusted Trial Balance...
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Accounting
Question #1: Psyche Company had the following adjusted trial balance. PSYCHE COMPANY Adjusted Trial Balance For the Month Ended June 30, 2015 Adjusted Trial Balance Debits Credits $4,000 4,200 Account Titles Cash Accounts Receivable Supplies Accounts Payable 700 $1,900 200 Unearned Service Revenue Common Stock 5,400 Retained Earnings Dividends 800 350 Service Revenue Salaries and Wages Expense Miscellaneous Expense Supplies Expense Salaries and Wages Payable 4,400 1,500 300 2,400 750 $13.450$13.450 (a) Prepare closing entries at June 30, 2015 (b) Prepare a post-closing trial balance (c) Prepare the stockholders' equity section of the June 30, 2015 balance sheet
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