Assuming the following Adjusted Trial Balance: Adjusted Trial Balance Debit Credit Cash $17,900 Accounts Receivable 10,900 Supplies 1,800 Prepaid Insurance 2,300 Salaries Payable $8,600 Common Stock 12,000 Retained Earnings 2,800 Dividends 4,000 Service Fee Revenue 35,650 Salaries Expense 16,500 Supplies Expense 4,200 Insurance Expense 1,450 $59,050 $59,050 Recreate 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 Debit Credit Cash Prepaid Insurance Retained Earnings Supplies Expense Supplies

Question
Assuming the following Adjusted Trial Balance:
Adjusted Trial Balance
Debit
Credit
Cash
$17,900
Accounts Receivable
10,900
Supplies
1,800
Prepaid Insurance
2,300
Salaries Payable
$8,600
Common Stock
12,000
Retained Earnings
2,800
Dividends
4,000
Service Fee Revenue
35,650
Salaries Expense
16,500
Supplies Expense
4,200
Insurance Expense
1,450
$59,050
$59,050
Recreate 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
Debit
Credit
Cash
Prepaid Insurance
Retained Earnings
Supplies Expense
Supplies
Expand
Transcribed Image Text

Assuming the following Adjusted Trial Balance: Adjusted Trial Balance Debit Credit Cash $17,900 Accounts Receivable 10,900 Supplies 1,800 Prepaid Insurance 2,300 Salaries Payable $8,600 Common Stock 12,000 Retained Earnings 2,800 Dividends 4,000 Service Fee Revenue 35,650 Salaries Expense 16,500 Supplies Expense 4,200 Insurance Expense 1,450 $59,050 $59,050 Recreate 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 Debit Credit Cash Prepaid Insurance Retained Earnings Supplies Expense Supplies

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