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Prepare a post-closing trial balance. Include all permanent accounts from the T-accounts in Requirement 10 including any zero-balance permanent accounts. (Enter a "0" for any zero balances.)
Danvers Lamp Company Post-Closing Trial Balance December 31, 2024 Balance Credit Account Debit Total 0 T-accounts Cash Accounts Payable 0 Bal. Sales Revenue 3,491,855 Bal. Bal. 244, 110 Bal. 244, 110 0 Bal. 3,491,855 Bal. Clos. (1) 3,491,855 Bal. 244,110 0 Bal. 0 Bal. Accounts Receivable Danvers, Capital 502,300 Bal. Bal. 259,210 Bal. Adj. c Bal. Cost of Goods Sold 1,440,800 226 1,441,026 Clos. 1,441,026 (2) Bal 259,210 Clos. (4) 502,300 Bal. Clos. 45,000 1,478,569 (3) 1,935,869 Bal. Bal. 259,210 Bal. Danvers, Withdrawals 45,000 Salaries Expense-Selling 353,500 Bal. Bal. Merchandise Inventory Bal. 473,500 226 Adj.c Bal. 473,274 Bal. 45,000 Bal. 353,500 Clos. 45,000 (4) Clos. 353,500 (2) Bal. 473,274 Bal Bal. Office Supplies Utilities Expense-Selling Income Summary Clos 2,013,286 3,491,855 (1) Bal. 615 Bal. 35,656 Clos. (2) Clos. (3) Adi 550 b. 1 1,478,569 Bal. 65 0 Bal. Bal. 35,656 Clos. 35,656 (2) Bal. 65 Bal. 0 Supplies Expense-Selling 0 Bal. Warehouse Supplies 1,160 Adj. 350 b 2 810 Bal. Adj. b.2 350 Bal. Bal. 350 Clos 350 (2) Bal. 810 Bal. Land 14,000 Bal. 0 Depreciation Expense-Selling Bal. Adj, a 26,700 Bal. 26,700 Clos 26,700 (2) Bal. 14,000 Bal. 14,000 Bal. Building 790,000 Salaries Expense-Administrative Bal. 114,500 Bal. Bal. 790,000 Bal 114,500 Clos. 114,500 (2) Bal. 790,000 Bal. Office Furniture and Equipment 115,000 Utilities Expense-Administrative Bal. 32,104 Bal. Bal. 115,000 Bal 32,104 Clos 32,104 (2) Bal. 115,000 Bal Warehouse Fixtures Bal. 320,000 Supplies Expense-Administrative Bal. 0 Adj. 550 b.1 Bal. 320,000 Bal. 550 Clos. 550 (2) Bal. 320,000 Bal. Accumulated Depreciation 245,000 Bal. 35,600 Adj. a 280,600 Bal. Depr. Expense-Administrative Bal. Adj. a 8,900 Bal. 8,900 Clos. 8,900 (2) Bal. 280,600 Bal
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