Edwards Corporation operates hair salons under various brand names. The following is a simplified list of accounts and amounts (in millions) reported in the company’s accounts for the year ended June 30, 2019. Accounts Payable $ 80 Accounts Receivable 46 Accumulated Amortization 36 Accumulated Depreciation 326 Amortization Expense 3 Cash 86 Common Stock 106 Depreciation Expense 51 Equipment 474 Income Tax Expense 2 Interest Expense 1 Notes Payable (long-term) 246 Office Expense 204 Prepaid Rent 49 Rent Expense 288 Retained Earnings 296 Salaries and Wages Expense 469 Salaries and Wages Payable 97 Service Revenue 1,086 Software 361 Supplies 93 Supplies Expense 146 Prepare a post-closing trial balance at June 30, 2019. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).)
Edwards Corporation operates hair salons under various brand names. The following is a simplified list of accounts and amounts (in millions) reported in the company’s accounts for the year ended June 30, 2019. Accounts Payable $ 80 Accounts Receivable 46 Accumulated Amortization 36
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