jeanmichel
Feb 11, 2012, 03:24 PM
(a)Journalise the adjusting and closing entries 
(b) post the closing entries.
(c)Prepar a post closing trial balance
 
 
Cash dr 12000
 
Account Rec 22000
 
Supplies 4000
 
Office Equipment dr 15000
 
Acc.Amortization-Offive Equipment cr 6000
 
Automobile dr 29000
 
Acc Amortization-Automobile cr 8000
 
Account Payable cr 2000
 
Bank Loan cr 3000
 
L.Dupont Capital cr 31500
 
L.Dupont Drawing dr 15000
 
Sales Revenue cr 120000
 
Advertising Expense dr 3500
 
Salaries Expense dr 57000
 
Rent Expense dr 9800
 
Office Expense dr 4000
 
Need help Please.
(b) post the closing entries.
(c)Prepar a post closing trial balance
Cash dr 12000
Account Rec 22000
Supplies 4000
Office Equipment dr 15000
Acc.Amortization-Offive Equipment cr 6000
Automobile dr 29000
Acc Amortization-Automobile cr 8000
Account Payable cr 2000
Bank Loan cr 3000
L.Dupont Capital cr 31500
L.Dupont Drawing dr 15000
Sales Revenue cr 120000
Advertising Expense dr 3500
Salaries Expense dr 57000
Rent Expense dr 9800
Office Expense dr 4000
Need help Please.