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Post-closing trial balance

Unadjusted trial balance

General ledger
Question 3. Question :
The Retained Earnings account has a
credit balance of $17,000 before closing entries are made. If total
revenues for the period are $55,200, total expenses are $39,800 and
dividends are $9,000, what is the ending balance in the Retained
Earnings account after all closing entries are made?
Question 4. Question :
A company earned $2,000 in net
income for October. Its net sales for October were $10,000. Its profit
margin is:
Question 5. Question :
A company pays each of its two office
employees each Friday at the rate of $100 per day each for a five-day
week that begins on Monday. If the monthly accounting period ends
on Tuesday and the employees worked on both Monday and
Tuesday, the month-end adjusting entry to record the salaries
earned but unpaid is:
Debit Unpaid Salaries $600 and credit Salaries
Payable $600
Debit Salaries Expense $400 and credit Salaries
Payable $400