An accountant prepared the following post-closing trial balance: La Casa Services Co. Post-Closing Trial Balance March...

Transcribed Image Text:

An accountant prepared the following post-closing trial balance: La Casa Services Co. Post-Closing Trial Balance March 31, 2016 Cash.. Accounts Receivable Supplies .…..... Equipment. Accumulated Depreciation-Equipment. Accounts Payable.. Salaries Payable Unearned Rent Common Stock.. Retained Earnings ... Debit Credit Balances Balances 46,540 122,260 33,600 52,100 9,000 40,000 158,900 462,400 4,000 127,200 6,400 137,600 Prepare a corrected post-closing trial balance. Assume that all accounts have normal bal- ances and that the amounts shown are correct. An accountant prepared the following post-closing trial balance: La Casa Services Co. Post-Closing Trial Balance March 31, 2016 Cash.. Accounts Receivable Supplies .…..... Equipment. Accumulated Depreciation-Equipment. Accounts Payable.. Salaries Payable Unearned Rent Common Stock.. Retained Earnings ... Debit Credit Balances Balances 46,540 122,260 33,600 52,100 9,000 40,000 158,900 462,400 4,000 127,200 6,400 137,600 Prepare a corrected post-closing trial balance. Assume that all accounts have normal bal- ances and that the amounts shown are correct.

Answer rating: 100% (QA)

Answer i Accountings goals include keeping a systematic record of all financial transactions in a bo... View the full answer