1. Record the closing entries for Buisness Solutions
2. Prepare a post closing balance as of December 31, 2017
The 2017) follows ber 31, 2017, adjusted trial balance of Business Solutions (reflecting its transactions from October through December of it Credit 101 Cash 186 Accounts receivable 126 Computer supplies 128 Prepaid insurance 131 Prepaid rent 163 Office equipment 164 Accumulated depreciation-Of 167 Computer equipment 168 Accumulated depreciation-Computer equipment 201 Accounts payable 210 Wages payable 236 Unearned computer services revenue 301 S. Rey, Capital 302 S. Rey, withdrawals 403 Computer services revenue 612 Depreciation expense-Office equipment 613 Depreciation expense-Computer equipment $ 51,464 4,368 626 1,485 800 8,980 equipment 445 22,400 1,400 1,680 580 1,500 :400 35,779 445 3,658 495 2,400 3,525 2,633 3Wages expense expense 655 Advertising expense Prev: 1 of 1 . Next 1, 600 500 1,500 73,800 Nages payable 36 Unearned computer services revenue 301 S. Rey, Capital 302 S. Rey, Withdrawals 403 Computer services revenue 612 Depreciation expense-Office equipment 613 Depreciation expense-Computer equipment 623 Wages expense 637 Insurance expense 640 Rent expense 652 Computer supplies expense 655 Advertising expense 676 Mileage expense 677 Miscellaneous expenses 684 Repairs expense-Computer 901 Income summary 7,400 35,779 445 1,400 3,650 495 2,400 3,525 2,633 824 200 1,215 Print Totals $114,224 $114,224 Required: ord the closing entries for Business Solutionss epare a post-closing trial balance as of December 31, 2017 Complete this question by entering your answers in the tabs below. Journal entry worksheet 2 3 4 ord the entry to close revenue account. Note: Enter debits before credits General Journal Debit Dec 31 View general journal Clear entry Record entry ty worksheet Record the entry to close expense accounts. Note: Enter debits efore credits. Date Dec 31 nal entry worksheet 2 3 4 Record the entry to close income summary Note: Enter debits before Date General Journal Dec 31 Clear entry Journal entry worksheet the entry to close the withdrawals account. Credit Dec 31 10