Question: 11:26 fa VO Or will 54% 27 pearsoncmg.com + 72 . . . Accounting Cycle Tutorial Step 10: Prepare the Post-closing Trial Balance 1 Verify

11:26 fa VO Or will 54% 27 pearsoncmg.com + 72 . . . Accounting Cycle Tutorial Step 10: Prepare the Post-closing Trial Balance 1 Verify Ending Balances and Glossary ? HINT Activity 1.a - Calculate post-closing ending balances Verify all ending balances for each specific account after closing entries are journalized and posted. Be sure to enter all zero balances on the normal balance side and enter balances for permanent accounts! Retained Earnings Income Summary Dec. 31 15,100 47,600 Adj. Bal. Dec. 31 9,900 12,900 Dec. 31 7,100 Dec. 31 3,000 Bal. Bal. Bal. Dec. 31 3,000 Bal Bal, Accounts Receivable Service Revenue Dec. 31 14,200 Dec. 31 16,700 16,700 Adj. Bal. Bal. Bal. Bal Bal. Common Stock Rent Expense 65,200 Dec. 31 Adj. Bal. 500 500 Dec. 31 Bal. V Bal. Bal. V Bal. Dividends Unearned Revenue Adj. Bal. 9,700 9,700 Dec. 31 Dec. 31 Bal. Bal. Bal Bal. CHECK ANSWER SKIP TO NEXT & RESET Privacy Policy Copyright @ 2024 Pearson Education O

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