Perfect Cruz Company Post Closing Trial Balance University Audit Report
Prepare the December 31 post-closing trial balance for Cruz Company Note The Retained Earings account balance was 37600 on December 31 of the prior year Complete this questions by entering your answers in the tabs below. Close the revenue and expense accounts. Cruz Capital Totals 55900. Assume the account number for Income Summary is 901. Ad Over 2000 Essential Templates to Start Organize Manage Grow Your Business in 1 Place. Edit with Office GoogleDocs iWork etc. Prepare the December 31 post-closing trial balance for Cruz Company. The post-closing trial balance contains no revenue expense gain loss or summary account balances since these temporary accounts have already been closed and their balances moved into the retained earnings account as part of the. The Retained Earnings account balance was 38600 on December 31 of the prior year. Ad Over 2000 Essential Templates to Start Organize Manage Grow Your Business in 1 Place.
Assume the account number for Income Summary is 901.
Prepare the Dec 31 post-closing trial balance for Cruz company. The post-closing trial balance contains no revenue expense gain loss or summary account balances since these temporary accounts have already been closed and their balances moved into the retained earnings account as part of the. Close the revenue and expense accounts. The post-closing trial balance also known as after-closing trial balance is the last step of accounting cycle and is prepared after making and posting all necessary closing entries to relevant ledger accounts. Assume the account number for Income Summary is 901. The Retained Earnings account balance was 38600 on December 31 of the prior year.
The post-closing trial balance is used to verify that the total of all debit balances equals the total of all credit balances which should net to zero. The Retained Earnings account balance was 37600 on December 31 of the prior year. The post-closing trial balance contains no revenue expense gain loss or summary account balances since these temporary accounts have already been closed and their balances moved into the retained earnings account as part of the. Prepare the December 31 post-closing trial balance for Cruz Company. Prepare the December 31 post-closing trial balance for Cruz Company. Prepare the December 31 post-closing trial balance for Cruz Company Note The Retained Earings account balance was 37600 on December 31 of the prior year Complete this questions by entering your answers in the tabs below. Cruz Capital was 45493 on December 31 of the prior year. Prepare the December 31 closing entries for Cruz Company. Download Template Fill in the Blanks Job Done. Prepare the December 31 post-closing trial balance for Cruz Company.
The Unadjusted Trial Balance columns of a companys work sheet shows the Store Supplies account with a balance of 580. Required 1 Required 2 Prepare the December 31 post-closing trial balance for Cruz Company. Prepare the December 31 closing entries for Cruz Company. No account title debit credit. Download Template Fill in the Blanks Job Done. Cruz Capital Totals 55900. Prepare the December 31 closing entries for Cruz Company. Prepare the December 31 post-closing trial balance for Cruz Company. The Retained Earnings account balance was 38600 on December 31 of the prior year. Since closing entries close all temporary ledger accounts the post-closing trial balance consists of only permanent ledger accounts ie.
Prepare the December 31 post-closing trial balance for Cruz Company. Required 1 Required 2 Prepare the December 31 post-closing trial balance for Cruz Company. Cruz Capital was 47600 on December 31 of the prior year. Kanika b answered on January 28 2021. Prepare the December 31 post-closing trial balance for Cruz Company. No account title debit credit. Prepare the December 31 closing entries for Cruz Company. Download Template Fill in the Blanks Job Done. Part - 1. Cruz Capital was 45480 on December 31 of the prior year.
The Retained Earnings account balance was 37600 on December 31 of the prior year. Ad Over 2000 Essential Templates to Start Organize Manage Grow Your Business in 1 Place. The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December 31. Cash 19000 Supplies 13000 Prepaid insurance 3000. Required 1 Required 2 Prepare the December 31 post-closing trial balance for Cruz Company. Prepare the December 31 post-closing trial balance for Cruz Company. Download Template Fill in the Blanks Job Done. Prepare the December 31 closing entries for Cruz Company. Part - 1. Prepare the December 31 closing entries for Cruz Company.
Assume the account number for Income Summary is 901. Assume the account number for Income Summary is 901. The Retained Earnings account balance was 38600 on December 31 of the prior year. 1 Prepare the December 31 2008 closing entries for Cruz Company. Prepare the December 31 closing entries for Cruz Company. Required 1 Required 2 Prepare the December 31 post-closing trial balance for Cruz Company. No account title debit credit. The Unadjusted Trial Balance columns of a companys work sheet shows the Store Supplies account with a balance of 580. Prepare the December 31 2013 post-closing trial balance for Cruz Company. Cruz Capital was 45480 on December 31 of the prior year.