How to prepare a closing entries in a journal? POST COMPANY ADJUSTED TRIAL BALANCE Debit Credit Cash 80,000 Accounts Receivable 12,000 Prepaid Insurance 2,000 Equipment 4,000 Accumulated Depreciation 100 Supplies 400 Accounts Payable 800 Wages Payable 200 Unearned Revenue 1,200 Contributed Capital 82,400 Retained Earnings 0 Sales 16,000 Gas Expense 200 Supply Expense 400 Insurance Expense 400 Depreciation Expense 100 Wage Expense 200 Dividends 1,000 100,700 100,700

How to prepare a closing entries in a journal? POST COMPANY ADJUSTED TRIAL BALANCE Debit Credit Cash 80,000 Accounts Receivable 12,000 Prepaid Insurance 2,000 Equipment 4,000 Accumulated Depreciation...

How to prepare a closing entries in a journal?

POST COMPANY
ADJUSTED TRIAL BALANCE
	Debit	Credit
Cash	80,000
Accounts Receivable	12,000
Prepaid Insurance	2,000
Equipment	4,000
Accumulated Depreciation		100
Supplies	400
Accounts Payable		800
Wages Payable		200
Unearned Revenue		1,200
Contributed Capital		82,400
Retained Earnings		0
Sales		16,000
Gas Expense	200
Supply Expense	400
Insurance Expense	400
Depreciation Expense	100
Wage Expense	200
Dividends	1,000
	100,700	100,700

Jun 08, 2022

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