Question: Prepare the Post-Closing Trial Balance for Smart Touch Learning as of December 31, 2016. Enter accounts in order of assets, liabilities, and equity. Assume all

Prepare the Post-Closing Trial Balance for Smart Touch Learning as of December 31, 2016. Enter accounts in order of assets, liabilities, and equity. Assume all accounts have normal balances.

Account Balance
Accounts Receivable 1,800
Accumulated Depreciation - Furniture 400
Cash 41,820
Common Stock 32,400
Furniture 12,400
Office Supplies 450
Prepaid Insurance 1,425
Retained Earnings 15,695
Salaries Payable 3,900
Unearned Revenue 5,500

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