XACC 280 Week 5 Appendix P

Use this template to complete the assignment per the instructions below The adjusted trial balance at March 31, 2010 is as follows: Jazzy Manufacturing Adjusted Trial Balance March 31, 2010 DebitCredit Cash 11,400 Accounts Receivable 7,000 Prepaid Rent 2,000 Equipment 20,000 Accumulated Depreciation - Equipment 4,200 Notes Payable 5,000 Accounts Payable 4,950 Common Stock 20,000 Retained Earnings 5,800 Dividends 3,500 Service Revenue 14,500 Depreciation Expense 600 Rent Expense 500 Salaries Expense 9,450 Interest Expense 50 Interest Payable 50 Totals 54,500 54,500 Instructions (a) Journalize the closing entries at March 31, 2010 on the tab labeled General Journal (b) Post the closing entries to the ledger accounts on the tab labeled Ledger Accounts (c) Prepare a post-closing trial balance at March 31, 2010 on the tab labeled Post-Closing Trial Balance