At the end of March Moore's Adjusted Trial Balance is as follows: Moore Transportation Service Adjusted...

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At the end of March Moore's Adjusted Trial Balance is as follows: Moore Transportation Service Adjusted Trial Balance January 31, 2017 ACCOUNT NAME DEBIT CREDIT Cash $13.332 Accounts Receivable Office Supplies Prepaid Rent Equipment Accounts Payable Unearned Repair Revenue Kennedy, Capital Repair Revenue Wages Expense Office Cleaning Expense Supplies Expense Wage Payable $9,806 S469 $2,500 $8.689 $4.390 $1.414 $15.888 $20.934 $6.329 $701 $1.151 $350 $42.977 $42.977 Required: 1. Record the closing entries, post to the appropriate ledger accounts and prepare a Post Closing Trial Balance. At the end of March Moore's Adjusted Trial Balance is as follows: Moore Transportation Service Adjusted Trial Balance January 31, 2017 ACCOUNT NAME DEBIT CREDIT Cash $13.332 Accounts Receivable Office Supplies Prepaid Rent Equipment Accounts Payable Unearned Repair Revenue Kennedy, Capital Repair Revenue Wages Expense Office Cleaning Expense Supplies Expense Wage Payable $9,806 S469 $2,500 $8.689 $4.390 $1.414 $15.888 $20.934 $6.329 $701 $1.151 $350 $42.977 $42.977 Required: 1. Record the closing entries, post to the appropriate ledger accounts and prepare a Post Closing Trial Balance.

Answer rating: 100% (QA)

Closing entries are posted to transfer the balances of revenueexpense accounts temporary accounts fo... View the full answer