A Data Table pre ecoil Michael's Bowling Alley Adjusted Trial Balance December 31, 2018 ble.) Balance Account Title Debit Credit Cash $ 17,000 Accounts Receivable 3,000 550 2,500 5,000 Office Supplies Prepaid Insurance Land Building Accumulated Depreciation-Building Equipment Accumulated Depreciation-Equipment Accounts Payable Utilities Payable 130,000 $ 42,000 8,000 12.000 4,200 710 en cont Print Done 19 a dtv i - X Data Table Accumulateu depreciauonEquipment 12,000 4,200 ble 710 2,900 800 102,000 84,740 Accounts Payable Utilities Payable Salaries Payable Unearned Revenue Common Stock Retained Earnings Dividends Service Revenue Insurance Expense Salaries Expense Supplies Expense Utilities Expense Depreciation Expense-Equipment Depreciation Expense-Building 32,000 99,000 25,000 32,000 2,000 19,000 4,000 300 $ Total 314,350 $ 314,350 en con Print Done OCT 19 dtv s presented below: Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Requirements 1. Prepare the closing entries for Michael's Bowling Alley. 2. Prepare a post-closing trial balance. 3. Compute the current ratio for Michael's Bowling Alley. Print Done d then continue to the next question. 19 tv A C so Read the tequirements Requirement 1. Prepare the closing entries for Michael's Bowling Alley. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Start by closing revenues. Date Accounts and Explanation Debit Credit Dec. 31 Clos. (1) Close expenses for the period Date Accounts and Explanation Debit Credit Dec 31 Clos (2) Choose from any list or enter any number in the input fields and then continue to the next question Michael's Bowling Alley's adjusted trial balance as of December 31, 2018, is presented below (Click the icon to view the adjusted trial balance.) Read the fequirements Date Accounts and Explanation Debit Credit Dec. 31 Clos. (2) Close Income Summary Date Accounts and Explanation Debit Credit Dec. 31 Clos (3) Choose from any list or enter any number in the input fields and then continue to the next question Michael's Bowling Alley's adjusted trial balance as of December 31, 2018, is presented below (Click the icon to view the adjusted trial balance.) Read the requireman Date Accounts and Explanation Debit Credit Dec 31 Clos (3) Close Dividends Credit Debit Date Accounts and Explanation Dec. 31 Clos. (4) Requirement 2. Prepare a post-closing trial balance. Michael's Bowling Alley's adjusted trial balance as of December 31, 2018, is presented below: Click the icon to view the adjusted trial balance.) Read the requirements Requirement 2. Prepare a post-closing trial balance Michael's Bowling Alley Post-Closing Trial Balance December 31, 2018 Balance Account Title Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question. 19 dtv Michael's Bowling Alley's adjusted trial balance as of December 31, 2018, is presented below: (Click the icon to view the adjusted trial balance.) Read the requirements Total Requirement 3. Compute the current ratio for Michael's Bowling Alley. Select the labels, enter the amounts, then compute the current ratio. (Round your answer to two decimal places.) Current ratio Choose from any list or enter any number in the input fields and then continue to the next question. stv 19 Michael's Bowling Alley's adjusted trial balance as of December 31, 2018, is presented below: (Click the icon to view the adjusted trial balance.) Read the requirements Total Requirement 3. Compute the current ratio for Michael's Bowling Alley Select the labels, enter the amounts, then compute the current ratio. (Round your answer to two decimal places.) Current ratio Choose from any list or enter any number in the input fields and then continue to the next question. 19