Verify all ending balances for each specific account after closing entries are journalized and posted. Be sure to enter all zero balances on the normal balance side and enter balances for permanent accounts! Retained Earnings Income Summary Dec. 31 24,700 27,300 Adj. Bal. Dec. 31 8,200 15,900 Dec. 31 6,600 Dec. 31 7,700 Bal. Dec. 31 7,700 Bal. Furniture Service Revenue Dec. 31 11,400 Dec. 31 17,900 17,900 Adj. Bal. Common Stock Salaries Expense 37,900 Dec. 31 Adj. Bal. 600 600 Dec. 31 Dividends Accounts Payable Adj. Bal. 4,600 4,600 Dec. 31 9,700 Dec. 31 Fill out the Post-Closing Trial Balance as of December 31, 2016 date using the given information in the T-accounts. Enter accounts in Chart of Accounts order. Office Supplies SMART TOUCH LEARNING Dec. 31 2,400 Post-Closing Trial Balance December 31, 2016 Bal. 2,400 Balance Account Title Debit Credit Common Stock Cash 12,900 3,600 Dec. 31 Accounts Receivable 8,600 3,600 Bal. Office Supplies Furniture 15,200 Utilities Payable Accumulated Depreciation-Furniture 5,100 1,900 Dec. 31 Accounts Payable 6,900 1,900 Bal. Utilities Payable Unearned Revenue 12,800 Retained Earnings Common Stock 8,800 Dec. 31 Retained Earnings 8,800 Bal. Total 39,100 39,100 Using the post-closing trial balance, calculate the total assets, liabilities, and equity, and enter those amounts in the basic accounting equation. SMART TOUCH LEARNING Post-Closing Trial Balance December 31, 2016 Balance Account Title Debit Credit Cash 37,100 Accounts Receivable 7,100 Office Supplies 400 Prepaid Insurance 12,300 Prepaid Rent 12,300 Furniture 43,800 Accumulated Depreciation--Furniture 14,800 Accounts Payable 19,800 Salaries Payable 2,900 Utilities Payable 1,400 Interest Payable 1,900 Unearned Revenue 37,500 Common Stock 9,500 Retained Earnings 25,200 Total 113,000 113,000 Assets Liabilities Equity