From the following accounts (not in order), prepare a post-closing trial balance for Winter Co. on October
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$19,950 9,700 P. Winter, Capital P. Winter, Withdrawals Accounts Receivable Legal Supplies Office Equipment Repair Expense Salaries Expense 54,400 2,700 1,550 Legal Fees Earned Accounts Payable Cash $45,300 3,000 28,000 48,000 30,000
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A trial balance is a list of all the general ledger accounts contained in the ledger of a business. This list will contain the name of each nominal ledger account and the value of that nominal ledger balance. Each nominal ledger account will hold either a debit balance or a credit balance
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