The following post-closing trial balance was prepared for Fonzarelli Photo, Inc. Prepare a corrected post-closing trial balance.
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The following post-closing trial balance was prepared for Fonzarelli Photo, Inc. Prepare a corrected post-closing trial balance. Assume all accounts have normal balances and the amounts are correct.
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Fonzarelli Photo, Inc Post-Closing Trial Balance March 31, 2013 CREDIT ACCOUNT Cash Accounts Receivable Supplies Equipment Accumulated Depreciation, Equip Accounts Payable Salary Payable Unearned Service Revenue Common Shares Retained Earnings Total DEBIT $10,250 25,000 600 17,000 5,000 8,800 2,200 11,650 5,200 20,000 $42.800 62 900
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Related Book For
Financial Accounting
ISBN: 978-0132889711
1st Canadian Edition
Authors: Jeffrey Waybright, Liang Hsuan Chen, Rhonda Pyper
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