SHERIDAN COMPANY Trial Balance August 31, 2022 Before Adjustment After Adjustment Dr. Cr. Dr. Cr. Cash...

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SHERIDAN COMPANY Trial Balance August 31, 2022 Before Adjustment After Adjustment Dr. Cr. Dr. Cr. Cash $11,510 $11,510 Accounts Receivable 8,970 9,640 Supplies 2,970 1,790 Prepaid Insurance 4,270 2,850 Equipment 15,280 15,280 Accumulated Depreciation-Equipment $3,438 $4,638 Accounts Payable 5,270 5,270 Salaries and Wages Payable 0 1,550 Unearned Rent Revenue 1,930 1,120 Unearned Rent Revenue Common Stock Retained Earnings Dividends 1,930 1,120 15,770 15,770 5,720 5,720 2,690 2,690 Service Revenue 33,680 34,350 Rent Revenue 13,550 14,360 Salaries and Wages Expense 16,770 18,320 Supplies Expense 1,180 Rent Expense 16,898 16,898 Insurance Expense 1,420 Depreciation Expense 0 1,200 $79,358 $79,358 $82,778 $82,778 Prepare the closing entries for the temporary accounts at August 31. (If no entry is required, select "No Entry" for titles and enter O for the amounts. Credit account titles are automatically indented when the amount is ente indent manually.) Date Account Titles and Explanation Aug. 31 Debit Credit Aug. 31 (To close revenue accounts) Aug. 31 (To close expense accounts) Aug. 31 (To close income/(loss)) (To close dividends) SHERIDAN COMPANY Trial Balance August 31, 2022 Before Adjustment After Adjustment Dr. Cr. Dr. Cr. Cash $11,510 $11,510 Accounts Receivable 8,970 9,640 Supplies 2,970 1,790 Prepaid Insurance 4,270 2,850 Equipment 15,280 15,280 Accumulated Depreciation-Equipment $3,438 $4,638 Accounts Payable 5,270 5,270 Salaries and Wages Payable 0 1,550 Unearned Rent Revenue 1,930 1,120 Unearned Rent Revenue Common Stock Retained Earnings Dividends 1,930 1,120 15,770 15,770 5,720 5,720 2,690 2,690 Service Revenue 33,680 34,350 Rent Revenue 13,550 14,360 Salaries and Wages Expense 16,770 18,320 Supplies Expense 1,180 Rent Expense 16,898 16,898 Insurance Expense 1,420 Depreciation Expense 0 1,200 $79,358 $79,358 $82,778 $82,778 Prepare the closing entries for the temporary accounts at August 31. (If no entry is required, select "No Entry" for titles and enter O for the amounts. Credit account titles are automatically indented when the amount is ente indent manually.) Date Account Titles and Explanation Aug. 31 Debit Credit Aug. 31 (To close revenue accounts) Aug. 31 (To close expense accounts) Aug. 31 (To close income/(loss)) (To close dividends)