The adjusted trial balance at April 30, 2023, for Zhang Co. follows. Required 1. Prepare the four
Question:
The adjusted trial balance at April 30, 2023, for Zhang Co. follows.
Required
1. Prepare the four closing entries.
2. Prepare a post-closing trial balance.
Transcribed Image Text:
101 Cash 106 Accounts receivable 153 Trucks 154 Accumulated depreciation, trucks 193 Franchise 201 Accounts payable 209 Salaries payable 233 Unearned revenue 301 Angel Zhang, capital 302 Angel Zhang, withdrawals 401 Plumbing revenue 611 Depreciation expense, trucks 622 Salaries expense 640 Rent expense 677 Advertising expense 901 Income summary Totals Debit Credit $ 3,400 8,300 25,000 13,000 9,400 4,700 17,600 2,800 6,700 $ 8,050 9,400 3,000 1,300 28,100 41,050 $90,900 $90,900
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Part 1 Part 2 2023 Apr 30 Plumbing Revenue Income Summary To close revenue to the income sum...View the full answer
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Related Book For
Fundamental Accounting Principles Volume 1
ISBN: 9781260881325
17th Canadian Edition
Authors: Kermit D. Larson, Heidi Dieckmann, John Harris
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