8. The following selected accounts appear in the adjusted trialbalance for Bende

Question

8.

The following selected accounts appear in the adjusted trialbalance for Bender Company. Identify the accounts that wouldbe included in the post-closing trial balance.

1. Accumulated Depreciation

5. Supplies

2. Depreciation Expense

6. Accounts Payable

3. Retained Earnings

7. Service Revenue

4. Dividends

7 Prepare adjusting entries for the following transactions. Omitexplanations. 1. Unrecorded interest accrued on savings bonds is$250. 2. Property taxes incurred but not paid or recordedamount to $900. 3. Salaries incurred by year end but not yet paid orrecorded amounted to $750.

Explanation / Answer

1) accrued interestreceivable                         250               interestearned                                            250 : 2) taxesexpense                                               900               accrued taxespayable                                 900           Please rate :
3) Salariesexpense                                            750                accrued salariespayable                             750 :
the following appear in a post closing trial balnace :
#1, #3, #5, and #6 :

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