Based on the following Adjusted Trial Balance for Duston Inc: Duston Inc Adjusted Trial Balance December 31, 2020 Account Title Debit Credit Cash 47,400 Supplies 300 22,917 7,350 17,500 Prepaid Rent...




  1. Prepare the
    Post-closing Trial Balance
    and keep the order of accounts;



  2. Prepare the
    Classified Statement of Financial Position
    and
    calculate ROA.







please make sure the answer is correct 100%







Based on the following Adjusted Trial Balance for Duston Inc:<br>Duston Inc<br>Adjusted Trial Balance<br>December 31, 2020<br>Account Title<br>Debit<br>Credit<br>Cash<br>47,400<br>Supplies<br>300<br>22,917<br>7,350<br>17,500<br>Prepaid Rent<br>Accounts Receivable<br>Equipment<br>Accumul.Dep-Equipment<br>Accounts Payable<br>Unearned Service Eevenue<br>Salaries Payable<br>Interest Payable<br>Notes Payable (2030)<br>Share Capital-ordinary<br>35<br>13,420<br>1,900<br>150<br>12,000<br>60,000<br>Dividends<br>7,000<br>Service Revenue<br>19,000<br>4,200<br>Rent Revenue<br>Salaries Expense<br>1,900<br>Depreciation Exp.-Equipment<br>Utilities Expense<br>Interest Expense<br>Rent Expense<br>Supplies Expense<br>35<br>670<br>150<br>2,083<br>3,400<br>Total<br>110,705<br>110,705<br>

Extracted text: Based on the following Adjusted Trial Balance for Duston Inc: Duston Inc Adjusted Trial Balance December 31, 2020 Account Title Debit Credit Cash 47,400 Supplies 300 22,917 7,350 17,500 Prepaid Rent Accounts Receivable Equipment Accumul.Dep-Equipment Accounts Payable Unearned Service Eevenue Salaries Payable Interest Payable Notes Payable (2030) Share Capital-ordinary 35 13,420 1,900 150 12,000 60,000 Dividends 7,000 Service Revenue 19,000 4,200 Rent Revenue Salaries Expense 1,900 Depreciation Exp.-Equipment Utilities Expense Interest Expense Rent Expense Supplies Expense 35 670 150 2,083 3,400 Total 110,705 110,705

Jun 09, 2022
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