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4A-22 4A-6. (Similar to problem 4A-5) Below is the adjusted trial balance for JUPITER Incorporated: JUPITER INCORPORATED Adjusted Trial Balance September 1, 20x1 Debit Balances

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4A-22 4A-6. (Similar to problem 4A-5) Below is the adjusted trial balance for JUPITER Incorporated: JUPITER INCORPORATED Adjusted Trial Balance September 1, 20x1 Debit Balances Balances Credit Account Names Cash Accounts receivable $9,000 $17,100 $4,600 S29,400 ies Equipment Accumulated depreciation-equipment Salaries payable Interest payable Uneaned rent revenue Common stock Retained earnings Rent revenue $4.200 $15,800 $8,500 $4,600 22,700 $8,800 Salary expense Interest expense $3,300 $5,300 $4.400 Totals S75,300$75,300 Required 1. Show the journal entries necessary to record the closing entries. Designate each entry by letter 2. Open the 15 ledger accounts listed on the adjusted trial balance in T- account format, showing the beginning account balances as given. Post the closing entries in requirement I mark each entry. When you have finished, calculate the balances for each account. to these accounts using the associated letter to 3. Prepare the post closing trial balance for JUPITER Incorporated as of September 1, 20xl 4. Prepare the income statement, balance sheet, and statement of changes in retained earnings for JUPITER. Chapter 4 Section A

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