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Below Are the Adjusted Accounts of Valdez Realtors for the Month

Question 17

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Below are the adjusted accounts of Valdez Realtors for the month ended July 31, 20xx, listed in alphabetical order:
 Accounts Payable $500 Land $1,500 Accounts Receivable 3,600 Office Equipment 10,900 Accumulated Depreciation-  Salaries Expense 2,400 Office Equipment 4,000 Toni Valdez, Capital 8,900 Cash 1,150 Toni Valdez Withdrawals 1,000 Commissions Revenue 7,500 Utilities Expense 150 Depreciation Expense-  Office Equipment 200\begin{array}{lrlr}\text { Accounts Payable } & \$ 500 & \text { Land } & \$ 1,500 \\\text { Accounts Receivable } & 3,600 & \text { Office Equipment } & 10,900 \\\text { Accumulated Depreciation- } & & \text { Salaries Expense } & 2,400 \\\text { Office Equipment } & 4,000 & \text { Toni Valdez, Capital } & 8,900 \\\text { Cash } & 1,150 & \text { Toni Valdez Withdrawals } & 1,000 \\\text { Commissions Revenue } & 7,500 & \text { Utilities Expense } & 150 \\\begin{array}{l}\text { Depreciation Expense- } \\\text { Office Equipment }\end{array} &200 & &\end{array} Prepare a post-closing trial balance.

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blured image *$8,900+ $4,750 net...

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