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What is the amount of total debits on the post-closing trial balance for this The following items
are taken from the financial statements of A Company for the year ending December 31, 2013:
Solution
1) Post closing trial balance Debit Cash 16 Accounts Receivable 26 Supplies 4
Equipment 191 237 2) Current Assets Account Receivable 11000 Cash 11000
Prepaid Expense 6000 28000

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What is the amount of total debits on the post-closing trial balance .pdf

  • 1. What is the amount of total debits on the post-closing trial balance for this The following items are taken from the financial statements of A Company for the year ending December 31, 2013: Solution 1) Post closing trial balance Debit Cash 16 Accounts Receivable 26 Supplies 4 Equipment 191 237 2) Current Assets Account Receivable 11000 Cash 11000 Prepaid Expense 6000 28000