- Rehearse Professionals Adjusted Trial Balance December 31 2020 Debit Credit Account Title Cash 15 000 Office Supplie 1 (50.47 KiB) Viewed 53 times
- Rehearse Professionals Adjusted Trial Balance December 31 2020 Debit Credit Account Title Cash 15 000 Office Supplie 2 (26.06 KiB) Viewed 53 times
Rehearse Professionals ADJUSTED Trial Balance: December 31, 2020 $ Debit Credit Account Title Cash 15,000 Office supplies 1,400 Prepaid insurance 2,500 Equipment 50,000 Accumulated depreciation-Equipment 7,500 8,000 Accounts payable Wages payable 2.500 Unearned service revenue 15,000 Note Payable (Short-term) 5,000 20,000 Note Payable (Long-term) Capital 25,000 Withdrawals 10,000 100,000 Repair service revenue Wages expense Rent expense 60,000 24,000 7,500 4,000 Depreciation expense Office supplies expense Advertising expense Insurance expense Total 5,000 3,600 S 183,000 S 183,000 Required: Based on the adjusted account balances listed above, complete the following: 1 Journalize Closing Entries 2 Post The Closing Entries to the T-Accounts 3 Prepare The Post-Close Trial Balance Remember: All adjustments have already been made, and financial statements were already prepared by someone else. STEP 10: JOURNALIZE CLOSING ENTRIES Account Name Debit Date Credit $
STEP LE PREPARE ATED TRIAL BALANCE Rehearse Probl POST CLOSE Trial Balance (Palenie. Tutal Bebe