1.Record the adjusting entries in the general journal (transactions 1-3).

2.Record the closing entries in the general journal (transactions 4-7).

3.Post the adjusting entries and the closing entries to the general ledger accounts. Hint: Be sure to enter beginning balances.

4.Prepare a post-closing trial balance.

Complete the worksheet.

At Home Pet Grooming Service
Worksheet
Month Ended December 31, 2019
	Trial Balance		Adjustments		Adjusted Trail Balance		Income Statement		Balance Sheet
Account Name	Debit	Credit	Debit	Credit	Debit	Credit	Debit	Credit	Debit	Credit
Cash	$30,450				$30,450				$30,450
Accounts receivable	4,650				4,650				4,650
Supplies	2,800			1,300	1,500				1,500
Prepaid advertising	2,400			1,100	1,300				1,300
Equipment	19,400				19,400				19,400
Accumulated depreciationEquipment				420		420				420
Accounts payable		4,400				4,400				4,400
Shara Johns, Capital		29,500				29,500				53,880
Shara Johns, Drawing	1,400				1,400				1,400
Fees income		32,040				32,040		32,040
Salaries expense	4,200				4,200		4,200
Utilities expense	640				640		640
Supplies expense			1,300		1,300		1,300
Advertising expense			1,100		1,100		1,100
Depreciation expenseEquipment			420		420		420
Totals	$65,940	$65,940	$2,820	$2,820	$66,360	$66,360	$7,660	$32,040	$58,700	$58,700
Net income
							$7,660	$32,040	$58,700	$58,700