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- / 25 Accounts payable Accounts receivable Accumulated depreciation-equipment Cash Depreciation expense Equipment F Carla Vista, capital E Carta Vista, drawings Insurance expense Interest expense

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- / 25 Accounts payable Accounts receivable Accumulated depreciation-equipment Cash Depreciation expense Equipment F Carla Vista, capital E Carta Vista, drawings Insurance expense Interest expense Interest payable $7.330 3.530 15.000 4.500 16.000 50.000 17,350 33.000 1500 2.820 720 Interest receivable Interest revenue Notes payable Notes receivable Patents Prepaid insurance Service revenue Short-term investments Supplies Supplies pense Uneamed revenue $100 1.100 40.000 18.490 15.050 2.900 65,090 2.700 3100 2.400 3.500 Additional information: In 2022.52000 of the notes payable becomes due The note receivable is due in 2023 On July 18, 2021. Fred Carla Vista invested 53.600 cash in the business 3. = 2. 3 The note receivable is due in 2023. On July 18, 2021, Fred Carla Vista invested $3,600 cash in the business. Prepare closing journal entries and calculate the post-closing balance in F. Carla Vista, Capital on December 31, 2021. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts) Date Account Titles and Explanation Dec 31 Service Revenue Debit Credit 65090 Interest Revenue 1100 Income Summary (To close revenue accounts) 60190 Dec 31 Income Summary 16220 Insurance Expense 1500 Supplies Expense V 2400 Depreciation Expense 10000 Interest Expense 2820 (To close expense accounts Dec 31 Depreciation Expense 10000 Interest Expense 2820 (To close expense accounts) Income Summary Dec. 31 49470 V 49470 F. Carla Vista, Capital (To close income summary) Carla Vista. Capital Dec. 31 V 33000 F Carla Vista, Drawings v (To close drawings account) 330 F. Carla Vista, Capital > V V > Prepare a classified balance sheet. (List Current Assets in order of liquidity) CARLA VISTA TOUR COMPANY Balance Sheet Month Ended December 31, 2021 V Assets > V V V > Prepare a classified balance sheet. (List Current Assets in order of liquidity) CARLA VISTA TOUR COMPANY Balance Sheet Month Ended December 31, 2021 V Assets > V

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