From the Following Accounts, Prepare in Proper Form a Post-Closing

question 18

Essay

From the following accounts, prepare in proper form a post-closing trial balance for Dave's Dog Watching on December 31, 2019. (Note: These balances are before closing.)
$$\begin{array} { l r } \text { Dave, Capital } & 7,400 \\\text { Cash } & 2,000 \\\text { Accumulated Depreciation } & 1,500 \\\text { Equipment } & 5,000 \\\text { Accounts Payable } & 900 \\\text { Dave, Withdrawals } & 1,000 \\\text { Wages Expense } & 2,250 \\\text { Supplies Expense } & 775 \\\text { Accounts Receivable } & 3,125 \\\text { Personal Trainer Fees } & 4,350\end{array}$$

Understand the process and importance of conducting a social audit within organizations.

Appreciate the ethical obligations of consumers in the exchange process and the disposition of products.

Understand the concept of sustainable development and its importance in modern business.

Identify the various forms of social responsibility, including cause marketing and social audits.

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Definitions:

VIP Trip

An exclusive or special travel experience often characterized by luxury accommodations and services designed for very important persons or high-profile individuals.

Sales Promotions

Marketing strategies intended to increase product visibility and sales through discounts, coupons, or special offers.

Rebates

A partial refund to someone who has paid too much money for tax, rent, or a utility.

Samples

Small portions or quantities of a product or data used to represent the whole population.