4 of 5 View Policies Show Attempt History 0.32/4 Current Attempt in Progress Cullumber Company ended its fiscal year on July 31, 2022. The company's adjusted trial balance as of the end of its fiscal year is as follows. Cullumber Company Adjusted Trial Balance July 31, 2022 No. Account Titles Debit Credit 101 Cash $10,200 112 Accounts Receivable 9.100 157 Equipment 16,200 158 Accumulated Depreciation-Equip $7.600 201 Accounts Payable 4,400 1600 Question 4 of 5 208 Unearned Rent Revenue 301 Owner's Capital 1,600 47,900 306 Owner's Drawings 16,200 400 Service Revenue 64.300 429 Rent Revenue 6.700 711 Depreciation Expense 9.200 726 Salaries and Wages Expense 56,300 732 Utilities Expense 15,300 $132.500 $132.500 (a) 0.32/4 !!! E E Question 4 of 5 Your answer is partially correct. 0.32/4 Prepare the closing entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts) Date Account Titles and Explanation July 31 Service Revenue July 31 Rent Revenue Unearned Service Revenue (To close revenue accounts) Debit Credit 64300 6700 948 1114AM 5/10/2022 any Question 4 of 5 July 311 (To close expense accounts) July 31 (To close net income/(loss)) (To close drawings) eTextbook and Media - 0.32/4 E 54/2022 Practice: Chapter 4 Question 4 of 5 unchas de 4105-4369 6514-cards/quest A 0.32/4 1 * Your answer is incorrect. Post to Owner's Capital and Income Summary accounts. (Post entries in the order of journal entries presented in the previous part Enter negative amounts using either a negative sign preceding the number es -45 or parentheses eg (45)) Date Explanation July 31 July 31 July 31 Owner's Capital Debit Credit No. 301 Balance Income Summary No. 350 Date Explanation Debit Credit Balance Question 4 of 5 0.32/4 I No. 350 Income Summary Date Explanation Debit Credit Balance July 31 July 311 July 31 eTextbook and Media List of Accounts Seve for Later (c) a Attempts: unlimited Submit Answer D Question 4 of 5 CULLUMBER COMPANY Post-Closing Trial Balance CD#/qutions 0.32/4 1 Debit Credit 6F Question 4 of 5 Totals eTextbook and Media List of Accounts Save for Later 0.32/4 1 Attempts: unlimited Submit Ar D