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    84.post Closing+Trial+Balance+Answers

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    Jonalyn Malicdan
    This post-closing trial balance for Bob's Big Bakery shows account balances as of December 31, 20XX. It lists cash, equipment, accounts receivable, and inventory supplies as assets totaling $53,935 on the debit side. The credit side shows accumulated depreciation on equipment, accounts payable, payroll payable, loans, and Bob's capital contribution totaling $53,935. The trial balance evidences the financial position of the bakery at the end of the fiscal year.

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    84.post Closing+Trial+Balance+Answers

    Uploaded by

    Jonalyn Malicdan
    15 views1 page
    This post-closing trial balance for Bob's Big Bakery shows account balances as of December 31, 20XX. It lists cash, equipment, accounts receivable, and inventory supplies as assets totaling $53,935 on the debit side. The credit side shows accumulated depreciation on equipment, accounts payable, payroll payable, loans, and Bob's capital contribution totaling $53,935. The trial balance evidences the financial position of the bakery at the end of the fiscal year.

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    84.Post Closing+Trial+Balance+Answers

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    This post-closing trial balance for Bob's Big Bakery shows account balances as of December 31, 20XX. It lists cash, equipment, accounts receivable, and inventory supplies as assets totaling $53,935 on the debit side. The credit side shows accumulated depreciation on equipment, accounts payable, payroll payable, loans, and Bob's capital contribution totaling $53,935. The trial balance evidences the financial position of the bakery at the end of the fiscal year.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    15 views1 page

    84.post Closing+Trial+Balance+Answers

    Uploaded by

    Jonalyn Malicdan
    This post-closing trial balance for Bob's Big Bakery shows account balances as of December 31, 20XX. It lists cash, equipment, accounts receivable, and inventory supplies as assets totaling $53,935 on the debit side. The credit side shows accumulated depreciation on equipment, accounts payable, payroll payable, loans, and Bob's capital contribution totaling $53,935. The trial balance evidences the financial position of the bakery at the end of the fiscal year.

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    of 1

    Bob's Big Bakery TWO

    ACTIVITY Part 3 - Post-Closing Trial Balance


    POST-CLOSING Trial Balance
    Bob's Big Bakery
    December 31, 20XX

    Account Debit Credit


    Cash $40,097
    Equipment 9,410
    Accum Depr, Equip $1,200
    Accounts Receivable 1,600
    Inventory Supplies Asset 2,828
    Accounts Payable 3,942
    Payroll Payable 366
    Loans 5,464
    Capital, Big Bob . . 42,963
    Total $53,935 $53,935

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