2.	Prepare a post-closing trial balance. (Hint: The balance of Retained Earnings will be the amount shown in the balance sheet.)

I tried this several times but still can't get this right....

IThe following information applies to the questions displayed be The year-end financial statements of Rattlers Tax Services are provided below. RATTLERS TAX SERVICES ncome Statement $67500 Service revenue Expenses: $44,000 Salaries Utilities 6,200 3,800 nsurance 1.100 55100 Supplies $12,400 Net income RATTLERS TAX SERVICES Statement of Stockholders' Equity Total Retained Stockholders' Common Stock Earnings Equity Beginning balance, Jan. $40,000 $22,500 $62,500 10,000 10,000 Issue stock 12,400 Net income 12,400 (4,000) Dividends (4,000) Ending balance, Dec. 31 $50,000 $30.900 $80,900 RATTLERS TAX SERVICES Balance Sheet Assets Liabilities 2,700 Accounts payable 7000 Cash 5.200 Stockholders' Equity. Accounts receivable $50,000 Land 80,000 Common stock Retained earnings 30,900 80,900 $87,900 $87900 Total liabilities and equities Total assets