omprehensive Problem 2 Part 10:

You must complete parts 1, 2, 3, 4, 6, 7, 8 and 9 before attempting to complete part 10. Part 5 is optional.

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

Palisade Creek Co. Post-Closing Trial Balance May 31, 2016
	Debit Balances	Credit Balances
Cash
Accounts Receivable
Merchandise Inventory
Estimated Returns Inventory
Prepaid Insurance
Store Supplies
Store Equipment
Accumulated Depreciation-Store Equipment
Accounts Payable
Salaries Payable
Customers Refunds Payable
Lynn Tolley, Capital