Post-closing trial balance
An accountant prepared the following post-closing trial balance:
| Igloo Treasures Co. Post-Closing Trial Balance January 31, 2014 | ||
| Debits Balances | Credit Balances | |
| Cash | 21,350 | |
| Accounts Receivable | 56,700 | |
| Supplies | 7,500 | |
| Equipment | 74,450 | |
| Accumulated Depreciation—Equipment | 12,400 | |
| Accounts Payable | 29,600 | |
| Salaries Payable | 3,200 | |
| Unearned Rent | 11,000 | |
| Capital Stock | 25,000 | |
| Retained Earnings | 78,800 | |
| 234,850 | 85,150 | |
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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