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

Required:

Complete the worksheet.

Record the adjusting entries in the general journal (transactions 1-3).

Record the closing entries in the general journal (transactions 4-7).

Post the adjusting entries and the closing entries to the general ledger accounts. Hint: Be sure to enter beginning balances.

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?

Complete the worksheet.

At Home Pet Grooming Service Worksheet Month Ended December 31, 2019 Trial Balance Adjustments Debit Adjusted Trial Balance Income Statement Credit Balance Sheet Account Name Debit Credit Credit Debit Credit Debit Debit Credit 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 $ 31,850 5,350 5,600 3,800 20,800 2,000 1,800 560 5,800 43,500 2,800 27,280 5,600 780 2,000 1,800 560 $ 76,580 $ 76,580 $ 4,360$ 4,360$