The adjusted trial balance at April 30, 2022, for Tylers Plumbing Co. follows. Prepare the four closing
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The adjusted trial balance at April 30, 2022, for Tyler’s Plumbing Co. follows. Prepare the four closing entries and the post-closing trial balance.
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Acct # Account Name 101 Cash 103 Accounts Receivable 110 Equipment 111 Accumulated Depreciation, Equipment 130 201 210 235 301 302 401 501 505 510 515 Land Accounts Payable Wages Payable Loan Payable T. Murray, Capital T. Murray, Withdrawals Plumbing Fees Earned Depreciation Expense, Equipment Wages Expense Insurance Expense Advertising Expense Dr. $ 8,200 24,000 41,000 30,000 11,000 Cr. $ 16,500 14,000 3,200 2,600 60,900 80,000 11,000 32,000 12,000 8,000 $177,200 $177,200
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Related Book For
College Accounting A Practical Approach
ISBN: 9780135222416
14th Canadian Edition
Authors: Jeffrey Slater, Debra Good
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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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