This March 31, 2019, adjusted trial balance for RJs Baseball Academy has been alphabetized as follows. Prepare
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This March 31, 2019, adjusted trial balance for RJ’s Baseball Academy has been alphabetized as follows. Prepare the closing entries and the post-closing trial balance for the company
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Account Name Dr. Cr. Accounts Payable $ 40,700 Accounts Receivable $ 27,750 Accumulated Depreciation, Baseball Equipment Accumulated Depreciation, Building Baseball Equipment Building 53,750 20,500 75,000 102,000 17,000 15,000 7,500 Cash Copyright Depreciation Expense, Baseball Equipment Depreciation Expense, Building 5,200 Land 50,000 Loan Payable 55,000 5,000 Rent Earned R. J. Good, Capital R. J. Good, Withdrawals Salaries Expense Store Supplies Telephone Expense Training Fees Earned Utilities Expense 100,050 5,750 20,000 5,150 3,150 65,500 7,000 $340,500 Total $340,500
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Date Mar 31 31 31 31 Training Fees Earned Rent Earned RJS BASEBALL ACADEMY GENERAL JOURNAL Account N...View the full answer
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Related Book For
College Accounting A Practical Approach
ISBN: 978-0134166698
13th 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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