4-1 - Assignment Print View 8/9/10 10:27 AM Score: 10 out...

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Page 1 of 9 http://ezto.mhhm.mcgraw-hill.com/hm_accounting.tpx?todo=printview Score: 10 out of 10 points (100%) 1. award: 1 out of 1 point The adjusted trial balance for Santara Marketing Co. follows. Complete the four right-most columns of the table by first entering information for the four closing entries and second by completing the post- closing trial balance. (Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.) Adjusted Trial Balance Closing Entry Information Post-Closing Trial Balance No. Account Title Dr. Cr. Dr. Cr. Dr. Cr. 101 Cash 11,900 0 0 11,900 0 106 Accounts receivable 24,000 0 0 24,000 0 153 Equipment 41,000 0 0 41,000 0 154 Accd. depreciation—Equipment 16,500 0 0 0 16,500 193 Franchise 30,000 0 0 30,000 0 201 Accounts payable 14,000 0 0 0 14,000 209 Salaries payable 3,200 0 0 0 3,200 233 Unearned fees 2,600 0 0 0 2,600 301 T. Santara, Capital 66,701 14,400 18,299 0 70,600 302 T. Santara, Withdrawals 14,400 0 14,400 0 0 401 Marketing fees earned 83,000 83,000 0 0 0 611
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This note was uploaded on 08/09/2010 for the course ACCT 1 taught by Professor Ludwig during the Spring '10 term at Los Angeles City College.

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