TIP: Dont forget which accounts temporary and which ones are permanent. Remember, temporary accounts must have a ZERO balance after the closing process is complete. Post-Closing Trial Balance Debit/Credit Totals $21,925 If the debit/credit total is incorrect, check the following account balances to verify that the amounts are correct. If the amounts are not correct, go back and check your work. Prepaid Insurance $1,650 Unused Supplies $350 Acc dep Truck $208 Unearned repair revenue $2,000 Retained Earnings $1,617 To find errors: 1. Check your math 2. Verify that balances were transferred correctly 3. Check that the balances were placed in the correct debit/credit column How do I post the closing entries in a general ledger? Show transcribed image text

How does this info go into a general ledger after closing

Please hit LIKE button it this helped. For any turther explanation, please put your query In comment, wlll get back to you. Requirement 2 & Requirement 1&3&4G Cash Debit $5,00 2,0C0 h Ending Bwlance208 $1,20 $ 1,200 raid rmt for three months Accounts Recevable $ 13,000 Debit Ending Balance 1,500 s 10,cc0 s 2,000 heing trurk nunchaved exsar unt Supplies Expense S 1.000 Cash s 1,2co Ending Balance 1,650 eing pre paid for insurance) Repair Revenue eing service completed LMed! Depreciation Expensc Repair Revenue Trucks eing serte compieted coected AcvertisirgExp elephone Expense Ending Balance208 5 1:0 Truck Operating Expa 5 2,500 Ending Balance S 150 Rent Ca Debit Endirg Balancc 3,225 Accounts Racivable $5,500 Incomc Tax Expensc Balane 5,000 Ending Balance500 No Entry No Entry Repair Revenue Credit S 4,500o s 2cco Endig Balance 11,800 Tuck Operatins Experee 5 2,500 Ending Balancc 350 $2,00 2,c00 Utlities Expersc Interest Eapense $ 1C0 Insurance Expense Ending Balance 250 150 Rent Expsnse cing one month nsurance expired) 1200y3 Ending Balancc Unused Supplies upplis Experee Leing unused supples recorded) 2,00 s 2,C00 Urearned Revenus deing unearned revenue recoroes Truck Operatirg Expense Credit 1,503 aces Payshe deing wges to be pald rerarded Ending Balance800 eing deprecatian ense recorded, CCCC4)112 Income Tax Paysble eeing Income tax expense reconded Endine Balan 6500