Roth Company ended its fiscal year on July 31, 2014. The company’s adjusted trial

(LO 2, 3) balance as of the end of its fiscal year is as shown on the next page.

Roth Company Adjusted Trial Balance July 31, 2014 No. Account Titles Debits Credits 101 Cash $ 9,840 112 Accounts Receivable 8,140 Sy7 Equipment 15,900 167 Accumulated Depreciation—Equip. $ 5,400 201 Accounts Payable 2220 208 Unearned Rent Revenue 3,800 bl Common Stock 18,000 320 Retained Earnings 20,260 332 Dividends 12,000 404 Service Revenue 64,000 429 Rent Revenue 6,500 7h! Depreciation Expense 3,700 720 Salaries and Wages Expense 55,700 732 Utilities Expense 14,900

$120,180 $120,180 Instructions

(a) Prepare the closing entries using page J15.

(b) Post to Retained Earnings and No. 350 Income Summary accounts. (Use the threecolumn form.)

(c) Prepare a post-closing trial balance at July 31.