post-closing trial balance

Listed below are the transactions for Hunter Marketing. Inc. for the month of July:July 1 Hunter begins his marketing company and invests $50,000 cash.July 5 Purchases computers and office equipment on account from OfficeMax for $10,250.July 6 Pays rent for office space $800 for the month.July 6 Employs a secretary, Mary Jones.July 8 Purchases office supplies for cash $960.July 9 Receives $2,430 from customer for services performed.July 11 Pays miscellaneous office expenses $375.July 13 Bills customers $4,900 for serviced performed.July 15 Pays Office Max $3,500 on account.July 18 Withdraws $2,000 from business for personal use.July 20 Receives $1,900 from customers on account.July 23 Bills customers $6,320 for services performed.July 30 Pays the following expenses in cash: office salaries $2,300 and utilities $400.1. Enter the transactions shown above in appropriate general ledger accounts (use T-accounts). Use the following ledger accounts: Cash, Accounts Receivable, Supplies on Hand, Office Equipment, Accumulated Depreciation, Accounts Payable, Hunter-Capital, Service Revenue, Rent Expense, Miscellaneous Office Expense, Office Salaries Expense, Supplies Expense, Utilities Expense, Depreciation Expense and Income Summary.2. Prepare an unadjusted trial balance.3. Record depreciation using a 5-year life on the office equipment, the straight-line method, and no salvage value. Round to whole numbers. Also, record an adjustment for office supplies used in the amount of $510.4. Prepare an adjusted trial balance.5. Prepare an income statement, a statement of retained earnings, and an unclassified balance sheet.6. Close the ledger.7. Prepare a post-closing trial balance. CLICK HERE TO GET MORE ON THIS PAPER !!!CLICK HERE TO ORDER THIS PAPER AT AN AFFORDABLE PRICE

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more