Michaels Plumbing Company has the following transactions for the year a. December 1 Issued capital stock for $50,000 to start plumbing business. b. December 1 - Paid gas expense $500. c. December 1 - Paid one year insurance premium costing $3,600. d. December 2 - Received $3,000 for job to install plumbing system in January next year. e. December 8 â Plumbing repairs for three houses totaling $15,000 and billed customers. f. December 10 - Purchased equipment costing $8,400 on credit. g. December 12 - Purchased supplies costing $900 on credit. h. December 23 Plumbing services completed and billed to customers for $1,500. i. December 24 - Paid for equipment purchased on December 10th. j. December 28 - Received $2,000 for the repairs done on December 8th. k. December 31 - Paid a $1,000 dividend.
Required:
Prepare a Post-Closing Trial Balance.