Maurice Tutor

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Category > Architecture and Design Posted 24 Sep 2017 My Price 7.00

Igloo Treasures Co

Post-closing trial balance

An accountant prepared the following post-closing trial balance:

Igloo Treasures Co. Post-Closing Trial Balance January 31, 2014
 

Debits Balances

Credit Balances

Cash

21,350

  

Accounts Receivable

56,700

  

Supplies

7,500

Equipment

74,450

Accumulated Depreciation—Equipment

12,400

  

Accounts Payable

29,600

  

Salaries Payable

3,200

Unearned Rent

11,000

  

Capital Stock

25,000

  

Retained Earnings

78,800

  
 

234,850

85,150

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

Answers

Maurice Tutor
(5)
Status NEW Posted 24 Sep 2017 10:09 PM My Price 7.00

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