An accountant prepared the following post-closing trial balance: Prepare a corrected post-closing trial balance. Assume that all
Question:
An accountant prepared the following post-closing trial balance:
Prepare a corrected post-closing trial balance. Assume that all accounts have normal balances and that the amounts shown are correct.
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sos Services Co. Post-Closing Trial Balance December 31, 20YO Debit Balances Balances Credit Cash. 33,050 261,500 Accounts Receivable. Supplies ... Equipment.. Accumulated Depreciation-Equipment.. Accounts Payable. Salaries Payable 5,000 115,450 20,800 52,500 3,500 Unearned Rent 6,000 Common Stock. 65,000 267,200 Retained Earnings 706,050 123,950
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