Post the Post Closing Trial Balance using the following: Here is the adjusted tr

Question

Post the Post Closing Trial Balance using the following:

Here is the adjusted trial balance

103534

Here is the closing entries (there may be errors if there are please point them out)

The post trial balance needs to be posted, here is what I have so far but I'm pretty sure the retained earnings is off. I also just can't get it to balance in general.

Adjusted Trial Balance Account Title Debit Credit Cash 49764 Accounts Receivable 5668 Cleaning Supplies 580 Prepaid Insurance 1665 Prepaid Rent 825 Office Equipment 8000 Accum. Dep - Office Equip 800 Computer Equipment 20000 Accum. Dep - Computer Equip 1200 Accounts Payable 1100 Wages Payable 500 Unearned Services Revenue 1500 Common Stock 44850 Retained Earnings 22300 Services Revenue 31284 Depreciation Expense - Office Equip 800 Depreciation Expense - Computer Equip 1200 Wages Expense 3875 Insurance Expense 555 Rent Expense 2475 Advertising Expense 2753 Mileage Expense 1004 Repairs Expense - Computer 1305 Cleaning Supplies Expense 3065 TOTALS 103534

103534

Explanation / Answer

Closing Journal Entries Date Particulars Dr Amount Cr Amount 12/31/2011 Service Revenue                                                Dr. 31284 To Income Summary 31284 12/31/2011 Income Summary                                              Dr. To Depreciation Expense - Office Equip 800 To Depreciation Expense - Computer Equip 1200 To Wages Expense 3875 To Insurance Expense 555 To Rent Expense 2475 To Advertising Expense 2753 To Mileage Expense 1004 To Repairs Expense - Computer 1305 To Cleaning Supplies Expense 3065 12/31/2011 Income Summary                                              Dr. 14252 To Retained Earnings 14252 Note: Dividends are paid by the company is not given in the question, so we cannot transfer the amount of retained earnings to Dividend Payable. Adjusted Trial Balance Account Title Debit Credit Cash                 49,764 Accounts Receivable                   5,668 Cleaning Supplies                       580 Prepaid Insurance                   1,665 Prepaid Rent                       825 Office Equipment                   8,000 Accum. Dep - Office Equip                     800 Computer Equipment                 20,000 Accum. Dep - Computer Equip                 1,200 Accounts Payable                 1,100 Wages Payable                     500 Unearned Services Revenue                 1,500 Common Stock               44,850 Retained Earnings               36,552 Total                 86,502               86,502

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