Rockin Robbin Music Company |
Adjusted Trial Balance |
June 30, 2018 |
| | Balance |
| Account Title | Debit | Credit |
| Cash | $3,600 | |
| Accounts Receivable | 38,700 | |
| Merchandise Inventory | 17,800 | |
| Office Supplies | 800 | |
| Furniture | 39,600 | |
| Accumulated Depreciation—Furniture | | $8,900 |
| Accounts Payable | | 14,100 |
| Salaries Payable | | 1,100 |
| Unearned Revenue | | 6,900 |
| Notes Payable, long-term | | 13,000 |
| Robbin, Capital | | 33,250 |
| Robbin, Withdrawals | 43,000 | |
| Sales Revenue | | 189,000 |
| Cost of Goods Sold | 85,050 | |
| Selling Expense | 19,100 | |
| Administrative Expense | 17,500 | |
| Interest Expense | 1,100 | |
| Total | $266,250 | $266,250 |
1.Prepare Rockin Robbin's ?multi-step income statement for theyear ended June 30, 2018
2. Journalize Rockin Robbin's closing entries.
3. Prepare a? post-closing trial balance as of June 30, 2018
Prepare Rockin Robbin's ?multi-step income statement for theyear ended June 30, 2018.
?(Use a minus sign or parentheses to show other? expenses.)
