A partially completed worksheet for At Home Pet Grooming Service, a firm that grooms pets at the owners home, follows. Required:

1. Complete the worksheet.
2. Record the adjusting entries in the general journal (transactions 1-3).
3. Record the closing entries in the general journal (transactions 4-7).
4. Post the adjusting entries and the closing entries to the general ledger accounts. Hint: Be sure to enter beginning balances.
5. Prepare a post-closing trial balance.

Analyze: What total debits were posted to the general ledger to complete all closing entries for the month of December?

Adjustments Debit Credit Adjusted Trial Balance Debit Credit Income Statement Debit Credit Balance Sheet Debit Credit Trial Balance Debit Credit $ 31,550 5,200 5,000 3,500 20,500 1,850 1,650 530 5,500 40,500 Account Name Cash Accounts receivable Supplies Prepaid advertising Equipment Accumulated depreciation Equipment Accounts payable Shara Johns, Capital Shara Johns, Drawing Fees income Salaries expense Utilities expense Supplies expense Advertising expense Depreciation expense-Equipment Totals Net income 2,500 28,300 5,300 750 1,850 1,650 530 4,030 $ 74,300 $ 74,300 $ $ 4,030 $ 0 $ 0 $ 0 $ 0 $ 0 $ $ 0 % 0 % 0 % 0