Kay Magill Company had the following adjusted trial balance. Instructions a. Prepare closing entries at June 30,

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Kay Magill Company had the following adjusted trial balance.
Kay Magill Company Adjusted Trial Balance For the Year Ended June 30, 2022 Adjusted Trial Balance Account Titles Debit Credit Cash $ 3,712 Accounts Receivable 3,904 Supplies Accounts Payable 480 $ 1,556 Unearned Service Revenue 160 Common Stock 4,000 Retained Earnings 1,760 Dividends 628


Instructions

a. Prepare closing entries at June 30, 2022.

b. Prepare a post-closing trial balance.

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Financial Accounting

ISBN: 9781119594598

11th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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