Activity 2.a - Preparing a Post-Closing Trial Balance Fill out the Post-Closing Trial Balance as of...
Activity 2.a - Preparing a Post-Closing Trial Balance
Fill out the Post-Closing Trial Balance as of December 31, 2016 date using the given information in the T-accounts. Enter accounts in Chart of Accounts order.
|
Prepaid Rent |
|||
|
Dec. 31 |
3,800 |
||
|
Bal. |
3,800 |
||
|
Bright, Capital |
|||
|
19,000 |
Dec. 31 |
||
|
19,000 |
Bal. |
||
|
Salaries Payable |
|||
|
2,900 |
Dec. 31 |
||
|
2,900 |
Bal. |
||
Top of Form
|
SMART TOUCH LEARNING |
||
|
Post-Closing Trial Balance |
||
|
December 31, 2016 |
||
|
Balance |
||
|
Account Title |
Debit |
Credit |
|
Cash |
19,700 |
|
|
Accounts Receivable |
13,100 |
|
|
Prepaid Rent |
||
|
Furniture |
23,100 |
|
|
Accumulated Depreciation--Furniture |
7,900 |
|
|
Accounts Payable |
10,500 |
|
|
Salaries Payable |
||
|
Unearned Revenue |
19,400 |
|
|
Bright, Capital |
||
|
Total |
59,700 |
59,700 |
Bottom of Form
Homework Answers
| SMART TOUCH LEARNING | ||
| Post-Closing Trial Balance | ||
| December 31, 2016 | ||
| Balance | ||
| Account Title | Debit | Credit |
| Cash | 19700 | |
| Accounts Receivable | 13100 | |
| Prepaid Rent | 3800 | |
| Furniture | 23100 | |
| Accumulated Depreciation--Furniture | 7900 | |
| Accounts Payable | 10500 | |
| Salaries Payable | 2900 | |
| Unearned Revenue | 19400 | |
| Bright, Capital | 19000 | |
| Total | 59700 | 59700 |
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