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Post Closing Trial Balance?
Adjut est Dr. Ruf Cr. Iscos. Staten Dr. Cr. 76 >> Balance sheet Dr. Cr. 91,540 60,909 92,500 1,500 146,000 1,200 11,500 3) 400 17,700 Usciute Tri Balac Dr. Cr. Ruf 41,540 60,830 #) 104,000 1,500 146,000 1,600 21,000 190,000 47,000 380,000 180,000 11,500 21,000 0 6,000) 0 0 Aliut TriBalas Dr. Cr. 91,540 60,906 92,500 1,500 146,000 1,200 3,200 190,000 48,000 380,000 180,000 12,000 21,000 31,500 4,000 190,000 2) 1,000 48000 380,000 180,000 1) 500 12000 21000 31500 4000 5) 31,500 2,000 15,000 5 6 Asc. 1 As Titles 7 1010 Carl 8 1020 Carh in Savin Account 9 1030 Account Receivable 10 1035 Allowance for Doubtful Accounts 11 1040 Merchandire Inventory 12 1050 Prepaid Invurance 13 1060 Supplier 14 1510 Office Equipment 15 1515 Accum.Depr.- Office Equip. 16 1520 Land 17 1530 Building 18 1535 Accum. Depr.- Bld 19 2010 Account Payable 20 2020 Waqw & Salarier Payable 21 2030 Unearned Rent Revenue 22 2040 Interer Payable 23 2050 Income Taxor Payable 24 2500 Dividends Payablo 25 2700 Notar Payable 26 2800 Mortgage Notar Payablo 27 3000 Common Stock 28 3800 Retained Earning 29 3900 Dividende 30 4010 Saler Revenue 31 4100 Salo Return and Allowancar 32 4150 Saler Dir count 33 5010 Cart of Good Sold 6000 Wago & Salary Epen. 35 6010 Insurance Expen 6020 Uniti Expono 37 6030 Supplier Ehpen 6040 Depreciation Expono-Bldg. 6050 Depreciation Expono-Equip. 40 6060 Bad Debt Expono 41 7000 Interer Empor 42 7100 Interort Revenue 43 7150 Rent Revenue 44 9000 Income Tax Expono 45 Total 46 Net Income 47 Total 48 7) 23200 45000 200542 190000 45,000 200,000 190.000 480,000 542 23,200 45,000 200,542 190,000 480,000 14200 14,200 14200 2,319,758 2,319,758 2,319,758 231975 age 21,200 17,273 1,259,267 747,500 21200 17273 1259267 5) 3) 31,500 400 21,200 17,273 1,259,267 716,000 3,200 76,220 26,000 5,500 11,000 0 5,958 747,500 3.600 76,220 43,700 177001 500 76,220 43,700 6,000 12,000 11,500 6,500 1) 2) 9) 7) 1,000 11,500 542 12,000 11,500 6,500 830 +) 906 76 2000 906 20001 2,000 1) 15,000 80218 3,330,788 330 788 80,218 15,000 3,379,406 3,379,406 2,322,664 2,457,389 922,020 1.400.444 3,376,500 1,400 644 4,777,144 2.322.664 2.457389 Closing Journal Entries 2 3 4 5 Acct. Ref. Number Trans Credit Account Name Sales Revenue Debit 2,319,758 2,319,758 Interest Revenue 906 906 6 7 8 9 10 11 12 13 14 15 16 Rent Revenue 2,000 2,000 Wage & Salary Expense 747500 747500 Insurance Expense 3,600 3,600 Utilities Expense 76,220 76,220 Supplies Expense 43,700 43,700 Depreciation Expense - Bldg. 6,000 6,000 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 Depreciation Expense - Equip. 12,000 12,000 Bad Debt Expense 11,500 11,500 Interest Expense 6,500 6,500 Income Tax Expense 15,000 15,000 Dividends 14,200 14,200 x A7 A D E 1 B Rocky Ram, Inc. Post Closing Trial Balance December 31, 2020 2 3 4 5 6 7 8 9 Acct# Account Name Debit Credit 10 11 12 13 14 15 16 17 18 19 20 21 22 23 Moun rin n.TR Ratin
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