6 E-F:4-25 Preparing closing entries from an adjusted trial balance; preparing a post-closing trial balance; and calculating the current ratio Mark Bowling Alley's adjusted trial balance as of December 31, 2024, is presented below: MARK'S BOWLING ALLEY Adjusted Trial Balance December 31, 2024 Balance Account Title Debit Credit Cash $ 20,000 Accounts Receivable 2,900 Office Supplies 1,150 Prepaid Insurance 2,700 Land 20,000 Building 145,000 Accumulated Depreciation-Building 5 7,000 Equipment 43.000 Accumulated Depreciation--Equipment 20,000 Accounts Payable 4.800 Utilities Payable 625 Salaries Payable 3,800 Unearned Revenue 1.900 Benoit, Capital 220,250 Benoit, Withdrawals 31,000 Service Revenue 85,000 Insurance Expense 26.000 Salaries Expense 28,000 Supplies Expense 1,300 Utilities Expense 15,000 Depreciation Expense-Equipment 7,000 Depreciation Expense-Building 325 Total $ 343,375 $ 343,375 Requirements 1. Prepare the closing entries for Mark's Bowling Alley 2. Prepare a post-closing trial balance. 3. Compute the current ratio for Mark's Bowling Alley