Question: Hey there, Could you please help me with question 3? I need help with the post- closing trial balance, please. I already made one, but
Hey there, Could you please help me with question 3? I need help with the post- closing trial balance, please. I already made one, but unsure if it's correct or not. I will try and attach my trial balance for reference. thank you

The Alexandria Driving School commenced operations on 1st July 2018. The following is a list of account balances as at 30th June 2019. Accounts Payable $1,580 Accounts Receivable $350 Accumulated Depreciation - Building $750 Accumulated Depreciation - Motor Vehicles $24, 190 Advertising Expense $625 Alexandra, Capital $600,000 Alexandra, Drawings $3,000 Building $450,000 Cash at Bank $12,375 Depreciation Expense - Building $750 Depreciation Expense - Motor Vehicles $24, 190 Land $247,000 Long-term Loan Payable $145,800 Motor Vehicles $96,750 Wages Expense $49,000 Telephone Expense $1,250 Driving Lesson fees $120,729 Electricity Expense $1,100 Fuel & Motor Oils Expense $7,800 Motor Vehicle Maintenance Expense $1,560 GST Paid $395 GST Collected $3,096 Required 1. Prepare an appropriately organized Trial Balance as at 30th June 2019. 2. Prepare closing entries. 3. Apply the closing entries to your answer in Question 1 and prepare a post- closing Trial Balance as at 30th June 2019
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