Instructions state: Prepare a post closing trail balance for the firm on December 31, 2019.

The Adjusted Trial Balance section of the worksheet for Van Zant Janitorial Supplies follows. The owner made no additional investments during the year. Accounts Cash Accounts Receivable Allowance for Doubtful Accounts Merchandise Inventory Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Accounts Payable Social Security Tax Payable Medicare Tax Payable Steven Van Zant, Capital Steven Van Zant, Drawing Income Summary Sales Sales Returns and allowances Purchases Freight In Purchases Returns and allowances Purchases Discounts Rent Expense Telephone Expense Salaries Expense Payroll Taxes Expense Supplies Expense Insurance Expense Depreciation Expense-Equipment Uncollectible Accounts Expense Totals Debit Credit 18,000 59,200 280 185,600 7,080 3,000 50,400 17,200 8,100 1,330 470 274,590 73,400 179,400 185,600 770,000 13,800 486, 300 4,800 7,900 4,700 33,200 6,190 122,540 11.200 6,000 1,500 7,500 1.060 $1,270,170 $1,270,170 Prepare a postclosing trial balance for the firm on December 31, 2019. VAN ZANT JANITORIAL SUPPLY Post-closing Trial Balance Prepare a postclosing trial balance for the firm on December 31, 2019. Credit 17 200 8.100 1,330 295,900 VAN ZANT JANITORIAL SUPPLY Post-closing Trial Balance December 31, 2019 Account name Debit Cash $ 18,000 Accounts receivable 59,200 Allowance for doubtful accounts Merchandise inventory 185,600 Supplies 7,080 Prepaid insurance 3,000 Equipment 50,400 Accumulated depreciation Equipment Accounts payable Social security tax payable Medicare tax payable Steven Van Zant, Capital Steven Van Zant, Drawing Income summary Sales Sales returns and allowances Purchases Freight in Purchases returns and allowances Purchases discounts Rent expense Telephone expense Salaries expense Payroll taxes expense Supplies expense Insurance expense Depreciation expense Equipment Uncollectible accounts expense Totals $ 323,280 $ 323,280