1. Prepare the Adjusted Trial Balance for XYZ Inc Unadjusted Trial Balance Adjustments Adjusted Trial Balance Account Debit Credit Debit Credit Credit Debit $ 5,070 5070 1,050 3,600 2,400 6,000 2550 2400 100 6000 200 200 3,000 250 3,000 10,000 600 Cash Supplies Prepaid Insurance Equipment Accumulated Depreciation - Equipment Accounts Payable Uneamed Revenue Notes Payable Rlones - Capital R Jones - Withdrawals Revenue Salaries Expense Rent Expense Utilities Expense Insurance Expense Supplies Expense Depreciation Expense, Equipment Salaries Payable Interest Expense Interest Payable Accounts Receivable Total 4,100 2,050 70 1,400 1,000 230 100 1,050 200 70 35 35 20,300 1800 20,300 3,505 3,505 10 2. Based on the information given in question 1, pass the closing entries in the books of XYZ Inc. 10