Below Are the Adjusted Accounts of Century Realtors,Inc Prepare a Post-Closing Trial Balance

question 160

Essay

Below are the adjusted accounts of Century Realtors,Inc.,for the month ended October 31,2010,listed in alphabetical order:
$\begin{array}{lrlr}\text { Accounts Payable } & \$ 520 & \text { Dividends } & 750 \\\text { Accounts Receivable } & 2,400 & \text { Income Taxes Expense } & 80 \\\text { Accumulated Depreciation - } & & \text { Income Taxes Payable } & 80 \\\quad \text { Office Equipment } & 3,000 & \text { Office Equipment } & 7,500 \\\text { Cash } & 1,200 & \text { Prepaid Rent } & 1,100 \\\text { Commissions Revenue } & 5,400 & \text { Retained Earnings } & 4,000 \\\text { Common Stock } & 2,000 & \text { Salaries Expense } & 1,720 \\\text { Depreciation Expense- } & & \text { Utilities Expense } & 100 \\\quad \text { Office Equipment } & 150 & &\end{array}$ Prepare a post-closing trial balance.

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Definitions:

Regulatory Forms

Official documents required by government agencies to ensure compliance with laws and regulations in various industries.

Marketing Expenses

Costs associated with promoting a company's products or services, including advertising, public relations, and event sponsorship, intended to increase brand awareness and drive sales.

Crowdfunding Backers

Individuals who support a crowdfunding project with financial contributions in exchange for rewards or equity.

Product

An item, system, or service created through a process and offered in the market to satisfy the needs or wants of consumers.