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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 $

Cash

3,712

Emil Skoda Capital

5,696

Accounts Receivables

3,904

Accounts Payables

1,792

Supplies

480

Unearned Revenue

160

Salaries Payable

448

Total

8,096

Total

8,096

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