an accountant prepared the following post closing trial balance 541720
Post-closing trial balance
An accountant prepared the following post-closing trial balance:
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an accountant prepared the following post closing trial balance 541720
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Igloo Treasures Co. Post-Closing Trial Balance January 31, 2014 |
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Debits Balances |
Credit Balances |
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Cash |
21,350 |
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Accounts Receivable |
56,700 |
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Supplies |
7,500 |
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Equipment |
74,450 |
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Accumulated Depreciation—Equipment |
12,400 |
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Accounts Payable |
29,600 |
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Salaries Payable |
3,200 |
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Unearned Rent |
11,000 |
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Capital Stock |
25,000 |
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Retained Earnings |
78,800 |
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234,850 |
85,150 |
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Prepare a corrected post-closing trial balance. Assume that all accounts have normal balances and that the amounts shown are correct.
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