Willow Turenne Company had the following adjusted trial balance.
|
Adjusted Trial Balance
|
|
Account Titles
|
Debits
|
Credits
|
|
Cash
|
$ 3,712
|
|
|
Accounts Receivable
|
3,904
|
|
|
Supplies
|
480
|
|
|
Accounts Payable
|
|
$ 1,556
|
|
Unearned Service Revenue
|
|
160
|
|
Owner's Capital
|
|
5,760
|
|
Owner's Drawings
|
628
|
|
|
Service Revenue
|
|
4,300
|
|
Salaries and Wages Expense
|
1,344
|
|
|
Miscellaneous Expense
|
256
|
|
|
Supplies Expense
|
1,900
|
|
|
Salaries and Wages Payable
|
|
448
|
|
$12,224
|
$12,224
|
Instructions
(a) Prepare closing entries at June 30, 2012.
(b) Prepare a post-closing trial balance.