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1. Journalize the closing entries and post to the T-accounta. 8. Prepare the post-closing trial balance as of December 31, 2025 Account Name Account Nam

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1. Journalize the closing entries and post to the T-accounta. 8. Prepare the post-closing trial balance as of December 31, 2025 Account Name Account Nam Cash Accouts Receivable Office Supplies Prepaid Insurance TUCE Accumulated Depreciation Track Accounts Payable Salaries Payable Uneamed Nevenue Marien Capital 1875 field withdrawals Income Summary Service Revenue Salaries Bapense Depreciation Expense Tract Insurance Expense Fuel Expense Rent Expense Supplies Bxpense Date Transaction Description 12/1 Marshfield Delivery Service began operations by receiving $5,000 cash and a truck with a fair value of $15,000 from Rico Marshfield. The business issued Marshfield capital in exchange for this contribution. 02/1 Paid $1,800 cash for a nine-month insurance policy. The policy begins Dec 18 1214 Paid $700 cash for ottice supplies. 12/12 Performed delivery services for customer and received $1,800 cash. 12715 Completed a large delivery 06, billenthe customer 2.800 and received a promise to collect the $2,800 within one week 12718 Palid employee salary S1,100. 12:20 Received 312000 cash for pertorming delivery services: 12022 Collected $1,500 in advance for dervery service to be performed later, "Collected 300 cash from customer on account. Purchased $250 of fuel or the true on account 1225 Performed delivery Service on account duo 12 Faid Once rent, S200, for the month of December 1230 Paid 3250 on account alaranfield withdraw.cach of Date a) (6) Adjustment Data Accrued Salaries Expense, $1,100. Depreciation W9E TEcorded for the month on the truck using the straight-line method. Assume a useful life of 5 years and a salvage residual value of $3,000. Prepaid Insurance for the month has expired. Office Supplies on hand, 32007 Unearned Revenue earned during the month, $600. Accrued Service Revenue, $850. ee

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