The April 30, 2018, adjusted trial balance of The Grind Finale, Inc., is shown below.

Requirements

1. Prepare the April closing entries for The Grind Finale, Inc.

2. Calculate the ending balance in Retained Earnings.

3. Prepare a post-closing trial balance.

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The Grind Finale, Inc. Adjusted Trial Balance April 30, 2018 DEBIT ACCOUNT CREDIT $ 5,600 700 Cash Accounts Receivable Prepaid Rent Supplies Equipment Accumulated Depreciation, Accounts Payable 2,300 450 35,000 $ 2,700 900 ipment 300 Unearned Service Revenue Salaries Payable Notes Payable 525 4,000 8,500 Common Stock Retained Earnings 19,355 Dividends 4,500 Service Revenue 41,800 Interest Revenue 185 Salaries Expense Rent Expense Depreciation Expense, Equipment Utilities Expense Supplies Expense Total 21,900 5,500 1,650 415 250 $78,265 $78,265