Question: Prepare the Post Closing Trial Balance by considering all balances as normal. An accountant prepared the following post-closing trial balance: Rhombic Repairs Co. Post-Closing
Prepare the Post Closing Trial Balance by considering all balances as normal. An accountant prepared the following post-closing trial balance: Rhombic Repairs Co. Post-Closing Trial Balance March 31, 2006 Cash 9,225 Accounts Receivable 33,300 Supplies 1,980 63,000 Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries Payable Unearned Rent 19,980 11,250 2,700 5,400 68,175 147,330 Angie Hammill, Capital 67,680 Prepare a corected post-closing trial balance. Assume that all accounts have nor- mal balances and that the amounts shown are correct.
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