An accountant prepared the following post-closing trial balance: Security Services Co. Post-Closing Trial Balance July 31, 20YO Debit Credit Balances Balances Cash.. 41,100 Accounts Receivable 317,400 Supplies Equipment .. Accumulated Depreciation-Equipment. Accounts Payable.. Salaries Payable 5,000 162,750 73,300 82,500 5,500 Unearned Rent 12,000 Common Stock . 65,000 Retained Earnings 287,950 879,250 173,250 Prepare a corrected post-closing trial balance. Assume that all accounts have normal balances and that the amounts shown are correct.

An accountant prepared the following post-closing trial balance: Security Services Co. Post-Closing Trial Balance July 31, 20YO Debit Credit Balances Balances Cash.. 41,100 Accounts Receivable 317,400 Supplies Equipment .. Accumulated Depreciation-Equipment. Accounts Payable.. Salaries Payable 5,000 162,750 73,300 82,500 5,500 Unearned Rent 12,000 Common Stock . 65,000 Retained Earnings 287,950 879,250 173,250 Prepare a corrected post-closing trial balance. Assume that all accounts have normal balances and that the amounts shown are correct.

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter5: Completing The Accounting Cycle

Section: Chapter Questions

Problem 9EB: Identify which of the following accounts would be listed on the companys Post-Closing Trial Balance....

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