Question: The trial balance total is 2 6 9 , 2 3 8 , the net income is 6 , 6 5 3 , and the

The trial balance total is 269,238, the net income is 6,653, and the post closing trial balance is 247,546. Can you please redo this as all of the answers are incorrect?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

Question 10 2.86 pts On the day that Best Buy sold the television, what effect did the sale have on Best Buy's total equity? Your answer should be in dollars. If the effect is positive (negative)...

Q:

Jornal T- Accounts Unadjusted Trial Balance Adjusted Trial Balance Income statement & statement of retained earnings Balance sheet & Post closing trial balance 1 Accounting 2301 Instructions and...

Q:

CHART OF ACCOUNTS CLGL Assets 111 Cash 112 Accounts Receivable 114 Prepaid Insurance 121 Land 122 Building 123 Accumulated Depreciation, Building 124 Pool/Slide Facility 125 Accumulated Depreciation,...

Q:

Provide the following accounts balances from the Adjusted Trial Balance: Cash Blank 2 Accounts Receivable Blank 3 Supplies Blank 4 Prepaid Insurance Blank 5 Equipment Blank 6 Accumulated Depreciation...

Q:

Solve The 6 Assignments FIRST ASSIGNMENT (1) Step 1 - Analyze Business Transactions (Accounting Cycle) Assume that you are the Financial Accountant of a newly started business from your chosen in...

Q:

No,please no hand writing ,, the images down assignments show the Solution method that i want .. Solve The 6 Assignments FIRST ASSIGNMENT (1) Step 1 - Analyze Business Transactions (Accounting Cycle)...

Q:

Solve The 6 Assignments FIRST ASSIGNMENT (1) Step 1 Analyze Business Transactions (Accounting Cycle) Assume that you are the Financial Accountant of a newly started business from your chosen in...

Q:

Prepare the following B. Ledger C. Trial Balance D. Adjusting Entry E. Adjusted Trial Balance F. Closing Entry G. Post closing Trial Balance H. Prepare Income Statement, owner's equity statement,...

Q:

Complete the task of making the proper adjustments, closing the books and creating a balance sheet, income statement and statement of equity. 1 . Transmittal Letter - This is the first page and...

Q:

1 Paul Sabih organized Sabin Electronics 10 years ago to produce and sell several electronic devices on which he had secured patients Although the company has been fairly profitable, it is now...

Q:

Prepare the following A. Journal Entry B. Ledger C. Trial Balance D. Adjusting Entry E. Adjusted Trial Balance F. Closing Entry G. Post closing Trial Balance H. Prepare Income Statement, owners...

Q:

One kg of air at 100 kPa is mixed with one kg air at 200 kPa, both at 300 K, in a rigid insulated tank. Find the final state (P, T) and the entropy generation in the process.

Q:

A shower head has 20 circular openings, each with radius 1.0 mm. The shower head is connected to a pipe with radius 0.80 cm. If the speed of water in the pipe is 3.0 m/s, what is its speed as it...

Q:

Under secure 2 . 0 employers who start up a new retirement plan may receive a credit 1 0 0 % of the contribution to the employers IRA credit _ _ _ _ _ _ _ _ per employee $ 2 5 0 $ 5 0 0 $ 1 5 0 $ 1 0...

Q:

Determine the major differences between U.S. GAAP and IFRS disclosure reporting requirements related to each separately reportable operating segment. Next, give your opinion as to whether either U.S....