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Survey of Accounting (Accounting I)
8th Edition
ISBN: 9781305961883
Author: Carl Warren
Publisher: Cengage Learning
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PB9. LO 5.2 Assuming the following Adjusted Trial Balance, create the Post-Closing Trial Balance that would
result after all closing journal entries were made and posted:
Adjusted Trial Balance
Debit
Credit
Cash
$8,625
Accounts Receivable
11,600
Accounts Payable
$ 8,450
Unearned Revenue
1,500
Common Stock
10,000
Retained Earnings
12,275
Dividends
2,000
Service Revenue
97,500
Advertising Expense
2,500
18,000
Rent Expense
Utilities Expense
12,000
Wages Expense
75,000
$129,725
$129,725
F7
8
F8
(
9
A
F9
)
0
F10
I
F11
+ 11
I
F12](https://content.bartleby.com/qna-images/question/35e13dc4-dbff-4ea1-948d-9f0c3dd699ee/a11b8f6e-7bae-4ccd-9df7-0a9d671bebda/mtpfdz6_thumbnail.jpeg)
Transcribed Image Text:&
PB9. LO 5.2 Assuming the following Adjusted Trial Balance, create the Post-Closing Trial Balance that would
result after all closing journal entries were made and posted:
Adjusted Trial Balance
Debit
Credit
Cash
$8,625
Accounts Receivable
11,600
Accounts Payable
$ 8,450
Unearned Revenue
1,500
Common Stock
10,000
Retained Earnings
12,275
Dividends
2,000
Service Revenue
97,500
Advertising Expense
2,500
18,000
Rent Expense
Utilities Expense
12,000
Wages Expense
75,000
$129,725
$129,725
F7
8
F8
(
9
A
F9
)
0
F10
I
F11
+ 11
I
F12
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Survey of Accounting (Accounting I)
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