Friday, September 2, 2011

Compute the missing information from this post-closing trial balance

ACCOUNTING



4. Compute the missing information from this post-closing trial balance.



Cash $34,689

Accounts Receivable 9,467

Prepaid Rent 5,000

Prepaid Insurance (A)

Supplies 944

Accounts Payable $5,389

Wages Payable (B)

Common Stock 37,049

Retained Earnings 8,234

_______ _______

Total $52,356 $52,356



Click here for the SOLUTION