Question: Requirement 11. Prepare a post-closing trial balance. Include all permanent accounts from the T-accounts in Requirement 10 including any zero-balance permanent accounts. (Enter a 0





Requirement 11. Prepare a post-closing trial balance.
Include all permanent accounts from the T-accounts in Requirement 10 including any zero-balance permanent accounts. (Enter a "0" for any zero balances.)
Review the T-accounts your prepared in Requirement 10.
Requirement 11. Prepare a post-closing trial balance Include all permanent accounts from the T-accounts in Requirement 10 including any zero-balance permanent accounts. (Enter a "0" for any zero balances) Review the T-accounts.your.stepared in Requirement 10. Dadds Lamp Company Post-Closing Trial Balance December 31, 2024 Balance Account Debit Credit Total e T-accounts n 4 Cash Accounts Payable Sales Revenue 3,942,250 Bal Bal 416,505 O Bal Bal 416,505 0 Bal 3,942,250 Bal Clos (1) 3,942,250 Bal. 416,505 O Bal O Bal Accounts Receivable Cost of Goods Sold Dadds, Capital 450,400 Bal Bal 368,480 Bal 1,575.800 198 Adic Bal Bal 368,480 1,575,998 Clos. ance 450,400 Bal Clos 40,000 1,774 122 (3) | 2,184,522 Bal Clos 1,575,998 (2) nts i Bal. 368,480 Bal ment Merchandise Inventory bany alang Dadds, Withdrawals 40,000 Salaries Expense--Selling Bal 348.000 Bal 449,500 Bal 24 198 Adj. c Bal. 449,302 Bal 40.000 Bal 348,000 Clos 40,000 (4) Clos 348,000 (2) Bal. 449,302 Bal Bal 0 Office Supplies Utilities Expense-Selling Income Summary Clos 2.168.128 3.942,250 (1) Bai Clos (2) Clos 615 Bal 38,516 Adi T-accounts Office Supplies Utilities Expense Selling Income Summary Clos 2.168,128 3.942 250 (1) Bal 615 Bal 38,516 Clos (2) Clos (3) Adj 550 6:1 1774.122 Bal 65 0 Bal Bal 38,516 Clos 38.516 (2) Be! 65 Bal o! Warehouse Supplies Bal 870 Adi 200 b 2 Bal 670 Supplies Expense-Selling Bal. 0 Adi 02 200 ho Bal 200 Clos 200 (2) Bal 670 Bal 0 Land Bal Depreciation Expense-Selling Bal 0 15,000 Ada 27.300 Bal 15.000 Bal 27,300 Clos 27.300 (2) Bal 15,000 Bal 0 Building ARA Salaries Expense Administrative X nal Print Done Ep. -accounts Building 820,000 Salaries Expense Administrative Bal 134 000 Bal Bal 134.000 Bal 820,000 Clos 134.000 (2) 820,000 Bal Bal 0 Utilities Expense Administrative Office Furniture and Equipment 135.000 Bal Bal. 25,364 Bal 135,000 Bal 25,364 Clos 25,364 (2) Bal 135.000 Bal 0 Warehouse Fixtures Supplies Expense Administrative Bal 270.000 Bal 0 Adj b.1 550 Bal 270.000 Bal 550 Clas 550 (2) Bal 270,000 Bal D Accumulated Depreciation Depr. Expense-Administrative Print Done T-accounts Bal 0 820,000 Bal Office Furniture and Equipment Utilities Expense-Administrative Bal 135,000 Bal 25,364 Bar 135,000 Bal 25,364 Clos 25,364 (2) Bal 135,000 Bal ol Warehouse Fixtures Supplies Expense Administrative Bal 270,000 0 Bal Adi b.1 550 Bat 270,000 Bal 550 Clos 550 (2) Bal 270,000 Bal 0 Depr. Expenst-Administrative Bel 0 Accumulated Depreciation 245,000 Bal Ad 45 500 a 290,500 Bal 18,200 Adja Bal 18 2001 Clos 18,200 (2) 290,500 Bal Bal 0 Print Done olp
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
