7 B 9 D 11 92 The adjusted trial balance for Ally Centre is as follows:...

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7 B 9 D 11 92 The adjusted trial balance for Ally Centre is as follows: a. Prepare closing entries b. Prepare a post-closing trial balance ( 33 34 35 36 37 38 19 40 ALLY CENTRE Adjusted Trial Balance 31-Dec-21 Cash Interest receivable Supplies Long-term investments Land Notes payable Service Revenue Interest Revenue Building Accumulated depreciation-building Equipment Accumulated depreciation equipment Accounts payable Interest payable Unearned revenue Depreciation expense Interest expense Insurance expense Salaries expense Supplies expense Utilities Expense Drawings Owner's, capital Debit 4 7,720 750 1,425 30,000 46,800 186,900 36,200 9,850 3,960 4,500 30,000 5,700 5,400 46,200 415,405 Credit 31,150 18,100 5,875 990 2,190 66,000 124,300 1,500 165,300 415,405 7 B 9 D 11 92 The adjusted trial balance for Ally Centre is as follows: a. Prepare closing entries b. Prepare a post-closing trial balance ( 33 34 35 36 37 38 19 40 ALLY CENTRE Adjusted Trial Balance 31-Dec-21 Cash Interest receivable Supplies Long-term investments Land Notes payable Service Revenue Interest Revenue Building Accumulated depreciation-building Equipment Accumulated depreciation equipment Accounts payable Interest payable Unearned revenue Depreciation expense Interest expense Insurance expense Salaries expense Supplies expense Utilities Expense Drawings Owner's, capital Debit 4 7,720 750 1,425 30,000 46,800 186,900 36,200 9,850 3,960 4,500 30,000 5,700 5,400 46,200 415,405 Credit 31,150 18,100 5,875 990 2,190 66,000 124,300 1,500 165,300 415,405

Answer rating: 100% (QA)

a Closing Entries Account Title Debit Credit Service Revenue 165300 Interest Revenue 1500 Dep... View the full answer