An accountant prepared the following post-closing trial balance: Security Services Co. Post-Closing Trial Balance July 31, 2018

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An accountant prepared the following post-closing trial balance:
Security Services Co.
Post-Closing Trial Balance
July 31, 2018

Prepare a corrected post-closing trial balance. Assume that all accounts have normal balances and that the amounts shown are correct?

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Financial And Managerial Accounting

ISBN: 9781337119207

14th Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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Question Posted: May 22, 2017 09:47 AM

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An accountant prepared the following post-closing trial balance: Security Services Co. Post-Closing Trial Balance July 31, 2018

Question:

DebitCredit Balances Balances 41,100 Cash. . . Accounts Receivable. 5,000 162,750 73,300 82,500 Accounts Payable.... Salaries Payable.. 5,500 12,000 65,000 287,950 Retained Ering.... 879,250 173,250

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