Business
Business, 26.03.2021 17:50, DianaAmaroxoxo4319

Creative Images Co. offers its services to individuals desiring to improve their personal images. After the accounts have been adjusted at July 31, the end of the fiscal year, the following balances were taken from the ledger of Creative Images Co.: Violet Lozano, Capital $910,000 Violet Lozano, Drawing 18,000 Fees Earned 707,400 Wages Expense 486,000 Rent Expense 67,500 Supplies Expense 11,700 Miscellaneous Expense 14,500Journalize the two entries required to close the accounts. If an amount box does not require an entry, leave it blank. Jul. 31
Jul. 31
Post-Closing Trial Balance
An accountant prepared the following post-closing trial balance:
La Casa Services Co.
Post-Closing Trial Balance
March 31, 20Y6
Debit BalancesCredit Balances
Cash12,700
Accounts Receivable28,190
Supplies 1,780
Equipment 125,600
Accumulated Depreciation41,910
Accounts Payable15,240
Salaries Payable 1,400
Unearned Rent5,720
Sonya Flynn, Capital104,000
207,760 128,780
Prepare a corrected post-closing trial balance. Assume that all accounts have normal balances and that the amounts shown are correct. If an amount box does not require an entry, leave it blank.
La Casa Services Co.
Post-Closing Trial Balance
March 31, 20Y6
Debit BalancesCredit Balances
Cash
Accounts Receivable
Supplies
Equipment
Accumulated Depreciation
Accounts Payable
Salaries Payable
Unearned Rent
Sonya Flynn, Capital
Totals

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