200. The following is the adjusted trial balance for Sandeep Company.
Sandeep Company
Adjusted Trial Balance
December 31, 2010
Cash
8,130
Accounts Receivable
3,300
Prepaid Expenses
2,750
Equipment
10,400
Accumulated Depreciation
2,200
Accounts Payable
2,700
Notes Payable - Due on June 30, 2011
1,000
Capital Stock
10,000
Retained Earnings 1/1/10
1,200
Dividends
4,870
Fees Earned
36,600
Wages Expense
12,450
Rent Expense
4,900
Utilities Expense
3,475
Depreciation Expense
2,150
Miscellaneous Expense
1,275
Totals
53,700
Prepare closing entries and the post closing trial balance.
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