Willow Turenne Company had the following adjusted trial balance.Instructions(a) Prepare closing entries at June 30, 2012.(b) Prepare
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Willow Turenne Company had the following adjusted trial balance.Instructions(a) Prepare closing entries at June 30, 2012.(b) Prepare a post-closing trialbalance.
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WILLOW TURENNE COMPANY Adjusted Trial Balance For the Month Ended June 30, 2012 Adjusted Trial Balance Account Titles Credits Debits $ 3,712 Cash Accounts Receivable 3,904 480 Supplies Accounts Payable $ 1,556 Unearned Service Revenue 160 Owner's Capital Owner's Drawings 5,760 628 Service Revenue 4,300 Salaries and Wages Expense Miscellaneous Expense Supplies Expense Salaries and Wages Payable 1,344 256 1,900 448 $12,224 $12.224
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Related Book For
Accounting Principles
ISBN: 978-0470534793
10th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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A trial balance is a list of all the general ledger accounts contained in the ledger of a business. This list will contain the name of each nominal ledger account and the value of that nominal ledger balance. Each nominal ledger account will hold either a debit balance or a credit balance
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