Assuming the following Adjusted Trial Balance: Adjusted Trial Balance Debit Credit Cash $22,900 Prepaid Insurance 5,000 Fixed Assets 47,000 Notes Payable $40,000 Common Stock 28,000 Retained Earnings 48,350 Dividends 24,000 Sales Revenue 154,000 Automobile Expense 26,500 Insurance Expense 20,000 Salaries Expense 123,500 Supplies Expense 1,450 $270,350 $270,350 Create the Post-Closing Trial Balance that would result, after all closing journal entries were made and posted. If an amount box does not require an entry, leave it blank.Extracted text: Post-Closing Trial Balance Debit Credit %24 %24

Assuming the following Adjusted Trial Balance: Adjusted Trial Balance Debit Credit Cash $22,900 Prepaid Insurance 5,000 Fixed Assets 47,000 Notes Payable $40,000 Common Stock 28,000 Retained Earnings...

Assuming the following Adjusted Trial Balance:

Adjusted Trial Balance
	Debit	Credit
Cash	$22,900
Prepaid Insurance	5,000
Fixed Assets	47,000
Notes Payable		$40,000
Common Stock		28,000
Retained Earnings		48,350
Dividends	24,000
Sales Revenue		154,000
Automobile Expense	26,500
Insurance Expense	20,000
Salaries Expense	123,500
Supplies Expense	1,450
	$270,350	$270,350

Create the Post-Closing Trial Balance that would result, after all closing journal entries were made and posted. If an amount box does not require an entry, leave it blank.

Post-Closing Trial Balance<br>Debit<br>Credit<br>%24<br>%24<br>

Extracted text: Post-Closing Trial Balance Debit Credit %24 %24

Jun 02, 2022

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Assuming the following Adjusted Trial Balance: Adjusted Trial Balance Debit Credit Cash $22,900 Prepaid Insurance 5,000 Fixed Assets 47,000 Notes Payable $40,000 Common Stock 28,000 Retained Earnings...

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