Pina Colada Company Worksheet (Partial) For the Month Ended April 30, 2022 \begin{tabular}{lcc|} & \multicolumn{2}{c}{ Adjusted Trial Balance } \\ \cline { 2 - 3 } \multicolumn{1}{c}{ Account Titles } & Dr. & Cr. \\ Cash & 11,500 & \\ Accounts Receivable & 7,240 & \\ Prepaid Rent & 2,380 & \\ Equipment & 23,250 & \\ Accumulated Depreciation-Equip. & & 5,000 \\ Notes Payable & & 5,500 \\ Accounts Payable & & 5,000 \\ Common Stock & & 21,400 \\ Retained Earnings & & 7,700 \end{tabular} Accounts Payable 5,000 Common Stock 21,400 Retained Earnings 7,700 Dividends 3,600 Service Revenue 16,000 Salaries and Wages Expense 10,980 Rent Expense 900 Depreciation Expense 750 Interest Expense 40 Interest Payable Totals \begin{tabular}{rr} \hline 60,640 & 40 \\ \hline \end{tabular} Post the closing entries to income Summary and Retained Earnings. (Post entries in the order of Journol entries were recorded in the previous port of the question.) PINA COLADA COMPANY Post-Closing Trial Balance Debit Credit $ $

Q&A Education