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.

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Definitions:

Job Enlargement

The process of adding more variety and responsibilities to a job to increase job satisfaction and performance.

New Skills

Abilities or expertise acquired through learning or training that were not previously possessed.

Responsibilities

Duties or obligations one is expected or required to fulfill.

Maslow's Hierarchy

Maslow's Hierarchy is a psychological theory proposed by Abraham Maslow that organizes human needs into a pyramid with five levels, from basic physiological needs to self-actualization, suggesting that higher needs become pertinent only once lower needs are satisfied.