EmilSkoda Company had the following adjusted trialbalance. EMILSKODA COMPANY Adj
ID: 2433716 • Letter: E
Question
EmilSkoda Company had the following adjusted trialbalance.
EMILSKODA COMPANY
Adjusted Trial Balance
forthe Month Ended June 30, 2010
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 trialbalance.
I am sorry I made a mistake the SuppliesExpense is $ 2,228
That was mymistake.
Explanation / Answer
Particulars
Debit $
Prticulars
Credit $
3,712
5,696
3,904
1,792
480
160
448
Total
8,096
Total
8,096
Particulars
Debit $
Prticulars
Credit $
Cash3,712
Emil Skoda Capital5,696
Accounts Receivables3,904
Accounts Payables1,792
Supplies480
Unearned Revenue160
Salaries Payable448
Total
8,096
Total
8,096