1. Enter the balances in ledger accounts. Allow five lines for each account.
2. From the trial balance and the information given below, prepare annual adjusting entries and post to the ledger accounts. (Omit explanations.)
3. Prepare an adjusted trial balance.
4. Prepare closing entries and post.
 
 

Presented below is the trial balance of the Bramble Golf Club, as of December 31. The books are closed annually on December 31. Cash Accounts Receivable Allowance for Doubtful Accounts Prepaid Insurance Land Bramble Golf Club Trial Balance December 31 Buildings Accumulated Depreciation-Buildings Equipment Accumulated Depreciation-Equipment Share Capital-Ordinary Retained Earnings Dues Revenue Green Fees Revenue Rent Revenue Utilities Expense Salaries and Wages Expense Maintenance and Repairs Expense Debit 19,680 16,700 9,240 375,700 150,000 160,500 56,530 80,090 25,740 894,180 Credit 1,100 35,135 67,540 384,800 168,266 215,500 6,439 5,400 894,180