1. Journalize the closing entries with the four steps in the correct sequence. Data for the adjustments are as follows: a. Expired or used up insurance, $495. b. Depreciation expense on equipment, $670. c. Depreciation expense on the van, $1,190. d. Salary accrued (earned) since the last payday, $540 (owed and to be paid on the next payday). e. Supplies used during the period, $97. 2. Assume that after completing the statement of owner's equity the amount for B. Bryan, Capital, June 30,20 is $14,210. Prepare a balance sheet. Bryan Company Balance Sheet June 30,20 -. Assets Total Assets Liabilities Total Liabilities Owner's Equity. Total Liabilities and Owner's Equity