The following is a list of accounts and amounts reported for Rollcom, Inc., for the fiscal year ended September 30, 2018. The accounts have normal debit or credit balances.

Required:

1. Prepare an adjusted trial balance at September 30, 2018. Is the Retained Earnings balance of $99,900 the amount that would be reported on the balance sheet as of September 30, 2018? 

2. Prepare the closing entry required at September 30, 2018.

3. Prepare a post-closing trial balance at September 30, 2018.

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Accounts Payable Accounts Receivable Accumulated Depreciation Cash Common Stock Equipment Income Tax Expense Notes Payable (long-term) Office Expense Rent Expense Retained Earnings Salarles and Wages Expense Sales Revenue Supplies $ 1,500 $39,100 66,500 6,300 164,200 21,500 80,300 94,800 99,900 128,700 90,700 10,500 325,600 35,200