chapters. You can refer to the objectives for each chapter covered as a review of the concepts.

Note: You must complete parts $1,2,3,4,6,7,8$ and $9$ before completing part $10.$ Part $5$ is optional.

Prepare a post$-$closing trial balance. If an amount box does not require an entry, leave it blank.

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Recall that the purpose of a post$-$closing trial balance is to verify that the ledger is in balance at the

beginning of the next period and if temporary or nominal accounts have been accurately closed out,

only permanent balance sheet accounts will remain. It should agree with the accounts and amounts

listed on the end of period balance sheet. A post$-$closing trial balance report form of balance sheet

lists assets, then liabilities and owner's equity and conforms to the accounting equation: Assets $=$

Liabilities $+$ Owner's Equity.