Houston Veterinary Hospital completed the following worksheet as of December 31, 2018.

Requirements
1. Complete the worksheet for Houston Veterinary Hospital.
2. Prepare the closing entries.
3. Prepare a post-closing trial balance.

Transcribed Image Text:

HOUSTON VETERINARY HOSPITAL Worksheet December 31, 2018 Unadjusted Trial Balance Adjustments Adjusted Trial Balance Balance Sheet Income Statement Account Names Debit Debit Credit Debit Credit Debit Credit Debit Credit Credit $ 31,200 $ 31,200 Cash (f) $ 1,400 Accounts Receivable 8,700 10,100 Office Supplies 1,500 275 (b) 1,225 Prepaid Rent 600 (a) 6,000 5,400 Equipment Accumulated Depreciation-Equipment 27,000 27,000 1,900 (c) 1,900 Accounts Payable 3,400 3,400 Utilities Payable 310 310 Salaries Payable 1,075 (e) 1,075 Unearned Revenue 13,000 (d) 1,300 11,700 Common Stock 41,000 41,000 Retained Earnings 55,690 55,690 Dividends 28,000 28,000 2,700 (d,f) Service Revenue 35,000 37,700 Rent Expense (a) 23,000 600 23,600 Salaries Expense (e) 12,000 1,075 13,075 Supplies Expense (b) 275 275 Utilities Expense 11,000 11,000 Depreciation Expense-Equipment (c) 1,900 1,900 Total S 148,400 S 152,775 $ 148,400 $ 6,550 $6,550 $ 152,775