137 H. B Campws Andres sich as these found de Bolsas Comedofperiodu obowa End of Period Spreadsheet for the year ended Led Trial M De C. B 11.00 IR 319 Adjusted Rabanne th G A ned BOSE bo 2.500 110 1.700 23 003 101 Det EL Wees de 000 100 100 0001 001 Mitas Cp 10.000 CIE 00 1000 1.00 20.000 TL 11 OOLIT OPIE w LE TO 200 200 . 1 GE Exercise Income Stand Staf Own Equity Balance Sheet Journal and Trial Balance Instructions: 35 1. Prepare an income statement for the year ended July 31. 36 2. Prepare statement of owner's equity for the year ended July 31. Additional investments were made 37 during the year, 11.070. 38 3. Prepare a balance sheet as of July 31. 4. Based upon the end-of-period spreadsheet, joumalize the closing entries. 5. Prepare a post-closing trial balance. 39 P.S. Please use financial statements from the following tabs. H M Exercise 1 John Black's Company maintains and repairs warning lights, such as those fomd on radio towers and lighthouses. Join Black's Company prepared the end-of-period spreadsheet shown below at July 31, 2020, the end of the current fiscal year 2,500 End-of-Period Spreadsheet for the year ended Unadjusted Trial 7 Balance Adjustments Account Title Dr. Cr. Dr. Cr. 9 Cash 25.000 10 Accounts Receivable 38.900 3.150 11 Prepaid Insurance 4.200 12 Supplies 2.700 1830 1. Land 98.000 14 Building 222.000 15 Accum. Depe-Building 205,300 1.600 Epayme 101.000 17 Accum. Depe-Equipment 78,000 7.800 Salaries & Wipes Payable 5.600 9 camed Rent 2.100 1.000 20 Morte Payable 1,900 21 Jou Black Capital 203.170 Exercise Income Stand Stof Own Equity Balance Sheet Adjusted Trial Balance Dr. Cr. 25,000 42,050 1.700 870 98,000 222.000 206.900 101.000 85.800 5,600 1,100 1.900 203.170 journal and Trial Balance Tume here to catch H D 23 Fees Eamed E F G 113,630 A Rent Revenue 3,150 116,780 25 Salaries & Wages Expense 1.000 1.000 56.000 5.600 26 Selling Expense 61,600 21.700 Utilities Expense 21.700 11.450 11.450 on Repairs Expense 8.870 8,870 29 Der Exp. Equipment 7.800 7.800 10 race Expense 2.500 2.500 31 Supplies Expense 1,830 1,830 32 Depreciation Exp - Building 1.600 1,600 Miscellaneous Expense 4.280 34 604.100 604,100 23,480 23.480 622.250 622.250 Instructions: 35 1. Prepare in income statement for the year ended July 31. 2. Prepare statement of owner's equity for the year ended July 31. Additional investments were made during the year, 11.070 18 3. Prepare a balance sheet as of July 31. 4. Based upon the end-of-period spreadsheet, journalize the closing entries 5. Prepare a post-closing trial balance 35 PS. Please me financial statements from the following tabs 4.280 Exercise Income Stand St of Own Equity Balance Sheet Journal and Trial Balance D m G G H 98,000 222,000 98,000 222,000 205,300 1,600 206.900 101,000 101.000 78,000 7.800 5.600 1,000 2.100 1.900 203,170 85,800 5,600 1.100 1.900 203.170 10,000 10,000 13 Land 14 Building 15 Accum. Depr.- Building 16 Equipment 17 Accum. Depr -Equipment 18 Salaries & Wages Payable 19 Unearted Rent 20 Mortgage Payable 21 John Black, Capital 22 John Black. Drawing 23. Fees Earned 24 Rent Reveme 2 Salaries & Wages Expense 26 Selling Expense 22 Utilities Expense 28 Repairs Expense 29 Depr. Exp.-Equipment 30 Insurance Expense 31 Supplies Expense 22 Depreciation Exp.--Building 33 Miscellaneous Expense 34 113.630 3.150 1.000 116,780 1.000 5,600 56,000 21.700 11.450 8,870 7,800 2.500 1.830 1,600 61.600 21,700 11.450 8,870 7,800 2.500 1.830 1,600 4.280 622,250 4.280 604,100 604,100 23,480 23,480 622.250 Instructions