Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. requirement #10: prepare a post-closing trial bala

Requirement #10: Prepare a post-closing trial balance as of July 31 in the space below....

90.2K

Verified Solution

Question

Accounting

Requirement #10: Prepare a post-closing trial balance as of July 31 in the space below.
\table[[\table[[Janes Skateboard],[Post Closing Trial Balance],[For the Month Ended July 31,20XX]]],[Account Name,\table[[Account],[Number]],Debit,Credit],[Cash,111,,],[Store Supplies,117,,],[Prepaid Insurance,119,,],[Merchandise Inventory,130,,],[Store Fixtures,144,,],[Accumulated Depreciation -Fixtures,145,,],[Accounts Payable,212,,],[Income Tax Payable,213,,],[Common Stock,311,,],[Retained Earnings,312,,],[Dividends,313,,],[Sales Revenue,411,,],[Cost of Good Sold,505,,],[Store Rent Expense,511,,],[Telephone Expense,517,,],[Depreciation Expense,520,,],[Electric Expense,522,,],[Insurance Expense,525,,],[Supplies Expense,530,,],[Income Tax Expense,535,,],[,Total:,-,-]]
image

Answer & Explanation Solved by verified expert
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!
Become a Member

Other questions asked by students