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

question 95

Essay

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

Understand the goals and advantages of group therapy along with being able to identify and describe different types of group therapy.

Gain knowledge about various cognitive therapy techniques, their goals, the role of therapists, and their effectiveness.

Recognize the side effects associated with antidepressant drugs.

Learn about the roles, goals, techniques, and effectiveness of behavior therapies.

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Definitions:

Share the Loss

A principle or agreement among parties to divide financial losses incurred from a venture, investment, or project among themselves.

RUPA

The Revised Uniform Partnership Act, legislation adopted by many states in the United States to govern the operation of partnerships.

Recognizes

To formally acknowledge or take notice of something, often legally or officially.

Partnership

A lawful business structure involving two or more people who divide both management responsibilities and earnings.