Accounts Payable $ 4,200

Accounts Receivable $ 9,700

Accumulated Depreciation––Equipment $ 3,200

Common Stock $ 3,100

Cash $ 3,100
Depreciation Expense $ 1,300
Dividends $ 1,200
Equipment $ 10,200
Income Tax Expense $ 1,600
Income Taxes Payable $ 1,600
Rent Expense $ 1,500
Retained Earnings $ 4,000
Salaries and Wages Expense $ 8,500
Service Revenue $ 19,100
Unearned Revenue $ 1,900

Ques 1
Accounts Debit Credit
Service Revenue $ 19,100
Salaries and Wages Expense $ 8,500
Rent Expense $ 1,500
Depreciation Expense $ 1,300
Income Tax Expense $ 1,600
Retained Earnings $ 6,200

Retained Earnings $ 1,200

Dividends $ 1,200
 BATTLE CREEK
Post-Closing Trial Balance
At December 31, 2018

Account Name Debits Credits

Cash $ 3,100
Accounts Receivable $ 9,700
Equipment $ 10,200
Accumulated Depreciation––Equipment $ 3,200
Accounts Payable $ 4,200
Income Tax Payable $ 1,600
Unearned Revenue $ 1,900
Common Stock $ 3,100
Retained Earnings $ 9,000
Totals $ 23,000 $ 23,000
 BATTLE CREEK
Balance Sheet
At December 31, 2018

Assets Liabilities and Stockholders’ Equity

Current assets: Liabilities:

Cash $ 3,100 Current Liabilities:
Accounts Receivable $ 9,700 Accounts Payable
Total Current Assets $ 12,800 Unearned Revenue
Income Taxes Payable
Total Liabilities
Equipment $ 10,200
Accum. Depreciation –– Equipment $ 3,200 Stockholders' Equity
Common Stock
Equipment, Net $ 7,000 Retained Earnings
Total Stockholders’
Equity

Total Assets $ 19,800 Total Liabilities and Stockholders’ Equity

y

$ 4,200
$ 1,600
$ 1,900
$ 7,700

$ 3,100
$ 9,000

$ 12,100

$ 19,800