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The year-end adjusted trial balance included the following account balances: Cash, $4,000; Equipment, $33,000; Accounts payable, $5,000; Common stock, $17,000; Retained earnings, $7,000; Dividends, $1,000; Service revenue, $20,000; Salaries expense, $7,000; and Utilities expense, $4,0000. Prepare the post-closing trial balance, assuming closing entries have been posted to the respective accounts. Debit Credit Accounts Cash Equipment Accounts payable S 4,000 33,000 5,000 Common stock 17,000 Retained earnings 7,000 Salaries expense Dividends 7,000 1,000 37,000$ 37,000 Totals
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