Post$-$Closing Trial Balance Post$-$Closing Trial Balance

An accountant prepared the following post$-$closing trial balance:

SOS Services Co$.$

Post$-$Closing Trial Balance

December $31,20Yo$ Prepare a corrected post$-$closing trial balance. Assume that all accounts have normal balances and that the amounts shown are correct. If an amount box does not require an entry, leave it blank.

An accountant prepared the following post$-$closing trial balance:

SOS Services Co$.$

Post$-$Closing Trial Balance

December $31,20$Y$0$

Line Item Description Debit Balances Credit Balances

Cash $14,000$

Accounts Receivable $31,080$

Supplies $1,960$

Equipment $138,460$

Accumulated Depreciation$$Equipment $46,200$

Accounts Payable $16,800$

Salaries Payable $1,540$

Unearned Rent $6,300$

Common Stock $13,500$

Retained Earnings $101,160$

Total $229,040141,960$

Prepare a corrected post$-$closing trial balance. Assume that all accounts have normal balances and that the amounts shown are correct. If an amount box does not require an entry, leave it blank.

SOS Services Co$.$

Post$-$Closing Trial Balance

December $31,20$Y$0$

Line Item Description Debit Balances Credit Balances

Cash Cash

Cash

Accounts Receivable Accounts Receivable

Accounts Receivable

Supplies Supplies

Supplies

Equipment Equipment

Equipment

Accumulated Depreciation$$Equipment Accumulated Depreciation$$Equipment

Accumulated Depreciation$$Equipment

Accounts Payable Accounts Payable

Accounts Payable

Salaries Payable Salaries Payable

Salaries Payable

Unearned Rent Unearned Rent

Unearned Rent

Common Stock Common Stock

Common Stock

Retained Earnings Retained Earnings

Retained Earnings

Total Total

Total