FIGURE 6.3 Postclosing Trial Balance
| Eli’s Consulting Services | ||
| Postclosing Trial Balance | ||
| December 31, 20X1 | ||
| Account Name | Debit | Credit |
|---|---|---|
| Cash | $ 111,350.00 | |
| Accounts Receivable | 5,000.00 | |
| Supplies | 1,000.00 | |
| Prepaid Rent | 4,000.00 | |
| Equipment | 11,000.00 | |
| Accumulated Depreciation—Equipment | $ 183.00 | |
| Accounts Payable | 3,500.00 | |
| Trayton Eli, Capital | 128,667.00 | |
| Totals | $ 132,350.00 | $ 132,350.00 |