EX 4-19 Post-closing trial balance
An accountant prepared the following post-closing trial balance:
|
Gypsy Treasures Co. |
||
|
Post-Closing Trial Balance |
||
|
March 31, 2012 |
||
|
Debit |
Credit |
|
|
Balances |
Balances |
|
|
Cash |
18,000 |
|
|
Accounts Receivable |
31,000 |
|
|
Supplies |
5,500 |
|
|
Equipment |
75,000 |
|
|
Accumulated Depreciation—Equipment |
19,000 |
|
|
Accounts Payable |
11,000 |
|
|
Salaries Payable |
1,000 |
|
|
Unearned Rent |
6,000 |
|
|
Leticia Aloni, Capital |
92,500 |
|
|
177,500 |
81,500 |
Prepare a corrected post-closing trial balance. Assume that all accounts have normal balances and that the amounts shown are correct.