LATITUDES COMPANY Adjusted Trial Balance For the Month Ended June 30, 2020 Account Titles Debits Credits...

LATITUDES COMPANY

Adjusted Trial Balance

For the Month Ended June 30, 2020

Account Titles	Debits	Credits
Cash	$ 3,200
Accounts Receivable	3,900
Supplies	500
Accounts Payable		$ 1,800
Unearned Service Revenue		200
Share Capital-Ordinary		4,000
Retained Earnings		800
Dividends	300
Service Revenue		5,100
Salaries and Wages Expense	1,800
Miscellaneous Expense	300
Supplies Expense	2,300
Salaries and Wages Payable		400
	$12,300	$12,300

Q. Prepare a post-closing trial balance.

Expert Solution

Particulars	Debit $	credit$
Cash	3,200
Accounts Receivable	3,900
Supplies	500
Accounts Payable		1,800
Unearned Service Revenue		200
Salaries and Wages Payable		400
Share Capital-Ordinary		4,000
Retained Earnings(800+(5100-(1800+300+2300))-300)		1,200
Total	7,600	7,600

ekkarill92 answered 2 years ago

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