Emil Skoda Company had the following adjusted trial balance.
|
EMIL SKODA COMPANY |
||
|
Adjusted Trial Balance |
||
|
Account Titles |
Debits |
Credits |
|
Cash |
$3,712 |
|
|
Accounts Receivable |
3,904 |
|
|
Supplies |
480 |
|
|
Accounts Payable |
$1,792 |
|
|
Unearned Revenue |
160 |
|
|
Emil Skoda, Capital |
5,760 |
|
|
Emil Skoda, Drawing |
300 |
|
|
Service Revenue |
4,064 |
|
|
Salaries Expense |
1,344 |
|
|
Miscellaneous Expense |
256 |
|
|
Supplies Expense |
2,228 |
|
|
Salaries Payable |
448 |
|
|
$12,224 |
$12,224 |
|
Instructions
(a) Prepare closing entries at June 30, 2010.
(b) Prepare a post closing trial balance.