Kay Magill Company had the following adjusted trial balance.

Instructions
(a) Prepare closing entries at June 30, 2014.
(b) Prepare a post-closing trialbalance.

Transcribed Image Text:

KAY MAGILL COMPANY Adjusted Trial Balance For the Month Ended June 30, 2014 Adjusted Trial Balance Credit Account Titles Debit Cash Accounts Reccivable Supplies Accounts Payable Unearned Service Revenue Owner's Capital Owner's Drawings Service Revenue Salaries and Wages Expense Miscellaneous Expense Supplies Expense Salaries and Wages Payable 3,712 3,904 480 $ 1,556 160 5,760 628 4,300 1,344 256 1,900 448 $12,224 $12,224