An accountant prepared the following post-closing trial balance:Security Services Co.Post-Closing Trial BalanceJuly 31, 20Y0Debit BalancesCredit...
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Accounting
An accountant prepared the following post-closing trial balance:
Security Services Co. Post-Closing Trial Balance July 31, 20Y0
Debit Balances
Credit Balances
Cash
14,000
Accounts Receivable
31,080
Supplies
1,960
Equipment
138,460
Accumulated Depreciation—Equipment
46,200
Accounts Payable
16,800
Salaries Payable
1,540
Unearned Rent
6,300
Common Stock
13,500
Retained Earnings
101,160
229,040
141,960
Prepare a corrected post-closing trial balance. Assume that all accounts have normal balances and that the amounts shown are correct. If an amount box does not require an entry, leave it blank.
Security Services Co.
Post-Closing Trial Balance
July 31, 20Y0
Debit Balances
Credit Balances
Cash
Accounts Receivable
Supplies
Equipment
Accumulated Depreciation—Equipment
Accounts Payable
Salaries Payable
Unearned Rent
Common Stock
Retained Earnings
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