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Instructions An accountant prepared the following post-closing trial balance: Security Services Co. POST-CLOSING TRIAL BALANCE July 31, 2018 ACCOUNT TITLE DEBIT CREDIT Cash 46,760.00 2 Accounts Receivable 123,300.00 3 Supplies 3,700.00 4 Equipment 126,800.00 5 Accumulated Depreciation-Equipment 34,000.00 6 Accounts Payable 52,500.00 7 Salaries Payable 5,500.00 8 Unearned Rent 8,600.00 Common Stock 40,000.00 10 Retained Earnings 159,960,00 11 Totals 465,120.00 136,000.00 Post-Closing Trial Balance Prepare a corrected post-closing trial balance. Assume that all accounts have normal balances and that the amounts shown in the instructions are correct. Security Services Co. POST-CLOSING TRIAL BALANCE July 31, 2018 ACCOUNT TITLE DEBIT CREDIT 1 Cash 2 Accounts Receivable 3 Supplies 4 Equipment 5 Accumulated Depreciation-Equipment 6 Accounts Payable 7 Salaries Payable 8 Unearned Rent 9 Common Stock 10 Retained Earnings 11 Totals
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