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April 1 Received cash for capital stock, $14,000.
2 Received cash for providing accounting services, $9,500.
4 Purchased supplies on account, $700.
5 Received cash in advance from customer for future services, $2,500.
8 Paid telephone bill, $900.
a. Billed customers on account for providing services, $4,200.
b. Received telephone bill to be paid next month, $900.
c. Used supplies, $300.
d. Unearned fees has an ending balance on April 30th of $2000.
Prepare Post-closing trial balance
Answer & Explanation
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