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Below Are the Adjusted Accounts of Valdez Realtors for the Month

question 17

Essay

Below are the adjusted accounts of Valdez Realtors for the month ended July 31, 20xx, listed in alphabetical order:
 Accounts Payable $500 Land $1,500 Accounts Receivable 3,600 Office Equipment 10,900 Accumulated Depreciation-  Salaries Expense 2,400 Office Equipment 4,000 Toni Valdez, Capital 8,900 Cash 1,150 Toni Valdez Withdrawals 1,000 Commissions Revenue 7,500 Utilities Expense 150 Depreciation Expense-  Office Equipment 200\begin{array}{lrlr}\text { Accounts Payable } & \$ 500 & \text { Land } & \$ 1,500 \\\text { Accounts Receivable } & 3,600 & \text { Office Equipment } & 10,900 \\\text { Accumulated Depreciation- } & & \text { Salaries Expense } & 2,400 \\\text { Office Equipment } & 4,000 & \text { Toni Valdez, Capital } & 8,900 \\\text { Cash } & 1,150 & \text { Toni Valdez Withdrawals } & 1,000 \\\text { Commissions Revenue } & 7,500 & \text { Utilities Expense } & 150 \\\begin{array}{l}\text { Depreciation Expense- } \\\text { Office Equipment }\end{array} &200 & &\end{array} Prepare a post-closing trial balance.


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