Solution-Prepare goodrows post-closing trial balance at july

Prepare goodrows post-closing trial balance at july

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Reference no: EM13529593

Preparing a post-closing trial balance After closing its accounts at July 31, 2012, Goodrow Electric Company had the following account balances:

Long-term liabilities	$ 800	Equipment	$ 4,500
Land	1,200	Cash	100
Accounts receivable	1,600	Service revenue	0
Total expenses	0	Retained earnings	2,000
Accounts payable	1,100	Supplies	200
Unearned service revenue	1,400	Accumulated depreciation	1,300
Common stock	1,000

Requirement

1. Prepare Goodrow's post-closing trial balance at July 31, 2012.

Reference no: EM13529593

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Prepare goodrows post-closing trial balance at july

Reference no: EM13529593

Reference no: EM13529593

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