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Unformatted text preview: Income Summary and Retained Earnings. c) Post Closing Trial Balance Axia College Material Appendix F Closing Entries and a Post-closing Trial Balance Prepare a Post-Closing Trial Balance Goode Company Post-Closing Trial Balance 30-Apr-08 DEBIT CREDIT Cash 13,752 Accounts Receivable 7,840 Prepaid Rent 2,280 Equipment 23,050 Accumulated Depreciation 4,921 Notes Payable 5,700 Accounts Payable 5,672 Interest Payable 57 Common Stock 25,000 Retained Earnings 5,572 Totals 46,922 46,922 Prepare a post-closing trial balance at April 30, 2008 for Goode Company.You can place summation formulas to compute totals at the end of debit and credit columns. Otherwise, you can compute totals using a calculator, then enter totals directly....
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- Spring '11
- Generally Accepted Accounting Principles, Axia College Material, Goode Company