Following is the adjusted trial balance of Post Company. Based on this information prepare a Balance Sheet,
Following is the adjusted trial balance of Post Company. Based on this information prepare a Balance Sheet, Income Statement and Statement of Retained Earnings.
POST COMPANY
ADJUSTED TRIAL BALANCE
Debit Credit
Cash 80,000
Accounts Receivable 12,000
Prepaid Insurance2,000
Equipment 4,000
Accumulated Depreciation 100
Supplies 400
Accounts Payable 800
Wages Payable 200
Unearned Revenue 1,200
Contributed Capital 82,400
Retained Earnings 0
Sales 16,000
Gas Expense 200
Supply Expense 400
Insurance Expense 400
Depreciation Expense 100
Wage Expense 200
Dividends 1,000
100,700 100,700
12 years ago
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- post_company_financial_statements.xlsx