The adjusted trial balance for Cowboy Company follows: Cowboy Company Adjusted Trial Balance December 31, 2019...

The adjusted trial balance for Cowboy Company follows:

Cowboy Company Adjusted Trial Balance December 31, 2019

ACCOUNT NAME	DEBIT	CREDIT

Cash	101,100
Accounts Receivable	5,000
Prepaid Rent	2,200
Building	120,000
Accumulated Depreciation - Building		80,000
Accounts Payable		3,000
Salaries Payable		5,600
Interest Payable		4,500
Unearned Revenue		9,500
Notes Payable		50,000
Cowboy, Capital		70,000
Cowboy, Withdrawals	30,000
Fees Earned		115,000
Wages Expense	40,000
Rent Expense	26,400
Supplies Expense	5,200
Utilities Expense	2,400
Depreciation Expense	5,000
Interest Expense	300

Totals	337,600	337,600

Prepare the closing journal entries & post-closing trial balance for Cowboy Company in good form.

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ekkarill92 answered 1 year ago

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