Business, 18.06.2020 17:57 friskisthebest1

The adjusted trial balance columns of the worksheet for DeSousa Company are as follows. DESOUSA COMPANY Worksheet (partial) For the Month Ended April 30, 2017
Adjusted Trial Balance
Account Titles Dr. Cr.
Cash 10,000
Accounts Receivable 7,780
Prepaid Rent 2,320
Equipment 22,850
Accumulated Depreciation--Equip. 4,500
Notes Payable 5,900
Accounts Payable 4,500
Common Stock 20,250
Retained Earnings 8,550
Dividends 3,850
Service Revenue 15,500
Salaries and Wages Expense 11,000
Rent Expense 800
Depreciation Expense 600
Interest Expense 50
Interest Payable 50
Totals 59,250 59,250
1. Journalize the closing entries at April 30.
2. Post the closing entries to Income Summary and Retained Earnings.
3. Prepare a post-closing trial balance at April 30.

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The adjusted trial balance columns of the worksheet for DeSousa Company are as follows. DESOUSA COM...

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