following information was summarized from the adjusted balance of Reliance Yacht The Repair, as of Accounts 30, end trial year Accounts Payable of company’s the Receivable $1,500 Accumulated Depreciation-Equipment Common Stock 6,000

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following information was summarized from the adjusted balance of Reliance Yacht The Repair, as of Accounts 30, end trial year Accounts Payable of company’s the Receivable $1,500 Accumulated Depreciation-Equipment Common Stock 6,000 2,000 9,420 Equipment 9,300 Interest E Expense 4,000 500 Notes Payable long-term) 80 Notes Receivable (short-term Prepaid Rent 2,500 5,500 Retained Earnings 500 3,200 Service Revenue 11,000 Supplies 1,500 Supplies Expense 2,500 Unearned Revenue 2,000 Utilities Expense 1,500 Required: Part a. Prepare the closing entry for the company for the year ended September 30, 2015 Part b. Draw a T-account for the Retained Earnings account. Enter the beginning balance i the T-account, post the closing entry, and then determine the ending balance. Part c. Prepare a post-closing trial balance at September 30, 2015.

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