1. Prepare closing entries for Gimbel's Gifts and Gadgets in a general journal. Closing Entries The End-of-Period Spreadsheet and partially completed Income Summary Account are shown. 1. Prepare closing entries for Gimbel's Gifts and Gadgets in a general journal. 2. Prepare a post-closing trial balance. Gimbel's Gifts and Gadgets Post-Closing Trial Balance December 31, 20-1 Account Debit Credit Cash Accounts Receivable Merchandise Inventory Estimated Returns Inventory Supplies Prepaid Insurance Land Building Accumulated Depreciation-Building Store Equipment Accumulated Depreciation-Store Equipment Accounts Payable Customer Refunds Payable Wages Payable Sales Tax Payable Unearned Subscriptions Revenue J. M. Gimbel, Capital Total