Solved

From the Following Accounts,prepare in Proper Form a Post-Closing Trial

Question 104

Essay

From the following accounts,prepare in proper form a post-closing trial balance for Logan's Pet Sitting on December 31.(Note: These balances are before closing).
 Logan, Capital $7,400 Cash 2,000 Accumulated Depreciation 1,500 Equipment 5,000 Accounts Payable 990 Logan, Withdrawals 1,000 Wages Expense 2,250 Supplies Expense 775 Accounts Receivable 3,125 Personal Trainer Fees 4,350\begin{array} { l l } \text { Logan, Capital } & \$ 7,400 \\\text { Cash } & 2,000 \\\text { Accumulated Depreciation } & 1,500 \\\text { Equipment } & 5,000 \\\text { Accounts Payable } & 990 \\\text { Logan, Withdrawals } & 1,000 \\\text { Wages Expense } & 2,250 \\\text { Supplies Expense } & 775 \\\text { Accounts Receivable } & 3,125 \\\text { Personal Trainer Fees } & 4,350\end{array}

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions