Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the adjusted trial balance for victoria sunland co

The adjusted trial balance for Victoria Sunland Company for the year ended June 30, 2021,...

50.1K

Verified Solution

Question

Accounting

image

image

image

The adjusted trial balance for Victoria Sunland Company for the year ended June 30, 2021, follows. VICTORIA SUNLAND COMPANY Adjusted Trial Balance June 30, 2021 Account Titles Debit Credit Cash $3.632 Accounts receivable 3,904 Supplies 350 Accounts payable $1.152 Unearned revenue 40 Salaries payable 530 V. Sunland, capital 5,730 V. Sunland, drawings 570 Service revenue 4.190 Salaries expense 1,150 Miscellaneous expense 136 Supplies expense 1,900 $11,642 $11,642 Date Account Titles and Explanation Debit Credit June 30 (To close revenue accounts.) June 30 (To close expense accounts.) June 30 (To close profit to capital.) June 30 (To close drawings account.) Prepare a post-closing trial balance. VICTORIA SUNLAND COMPANY Post-Closing Trial Balance Debit Credit $ $ Total

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Angiotensin-converting enzyme (ACE) inhibitor drug enalaprilat is used to treat hypertension and has poor oral bioavailability...

Biology
Q

discussion and conclusion for the thermal conductivity of solids Lab for the thermodynamics course

Mechanical Engineering
Q

In a short paragraph, discuss your views on Harm-Reduction Therapy and its connection to psychology as...

Psychology
Q

Evaluate the proportion of the heat of fuel carried away by the flue gases for the...

Mechanical Engineering
Q

Set up the Economic Order Quantity model given the information below. Annual Demand 50,000 units Order Cost $150 per order Unit...

General Management
Q

Reflect on the concept of composite and inverse functions. What concepts (only the names) did you...

Advance Math
Q

What is the role of the conductor A to clean all the instruments B C...

Biology
Q

If a parabola opens upward and has x-intercepts at (3, 0) and (-9, 0), what...

Basic Math
Q

3 Provide both the equation and a sketch of the requested function Draw two full...

Statistics
Q

Hills Inc. Consolidated statement of comprehensive income for the period ended 20X2 Sales 30,650 Cost...

Accounting
Q

During FY 2018, Adelphi Company reported sales of $400,000, a contribution margin of $10.00 per...

Accounting
Q

(Earrings Unlimited) Please explain how you solved the parts I got wrong answer and structure...

Accounting