Learning Objective 2 E 4-4 Adjusted Trial Balace Income Statement Balance Sheet Account Titles Dr...
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Learning Objective 2 E 4-4 Adjusted Trial Balace Income Statement Balance Sheet Account Titles Dr Dr. Cr l' Cash Accounts Receivable Prepaid Rent Equipment Accumulated Depreciation-Equip Notes Payable Accounts Payable Owner's Capital Owner's Drawings Service Revenue Salaries and Wages Expense Rent Expense Depreciation Expense Interest Expense Interest Payable Totals 10,000 7,840 2.280 23.050 4,900 5.700 4.920 27,960 3,650 15.590 10,840 760 650 57 57 59,127 59,127 Learning Objective 2 E 4-4 4-4. Journalize and post closing entries and prepare a post-closing trial balance LO 2) Worksheet data for Savaglia Company are presented in E4-2 Instructions (a) Journalize the closing entries at April 30 (b) Post the closing entries to Income Summary and Owner's Capital. Use T-accounts (c) Prepare a post-closing trial balance at Apri 30
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