Kay Magill Company had the following adjusted trial balance.

Instructions
(a) Prepare closing entries at June 30, 2019.
(b) Prepare a post-closing trial balance.

Transcribed Image Text:

KAY MAGILL COMPANY Adjusted Trial Balance For the Month Ended June 30, 2019 Adjusted Trial Balance Credit Account Titles Debit 3,712 3,904 480 Cash Accounts Receivable Supplies Accounts Payable Unearned Service Revenue Common Stock Retained Earnings Dividends Service Revenue Salaries and Wages Expense Miscellaneous Expense Supplies Expense Salaries and Wages Payable $ 1,556 160 4,000 1,760 628 4,300 1,344 256 1,900 448 $12,224 $12,224