a) prepare the edjusted Trial balance as at 31 December 2020. show necessary working.

b) Based on Adjusted Trial balance in answer (a) , prepare the post - closing entries.

QUESTION 4 Presented below are two information data extracted frorn CWD Company for the year 2020 Data 1 - Items extracted from Trial Balance before adjustinent: Cash Accounts receivable Supplies Prepaid insurance Office Equipment Accumulated Depreciation - OE (RM) 41,500 33,400 12,600 3,000 85,000 8,500 Accounts payable Unearned service revere Ordinary Share Capital Dividend Service revenue Utilities Expense (RM) 26,700 25,800 70,000 5,000 53,500 4,000 Data 2 - Adjusting Entries: Credit (RM) 8,500 CWD Company General Journal - Adjusting Entries Date Account Titles Debit (RM) 2020 Salaries expense 8,500 31 Dec Salaries payable Unearned service revenue 11,000 Service revenue Insurance expense 1 200 Prepaid insurance Supplies expense 3,800 Supplies Depreciation expense 8,500 Accumulated depreciation - OE 11,000 1,200 3.800 8,500 Instruction: (a) Prepare the Adjusted Trial Balance as at 31 December 2020. Show necessary working (7 marks) (b) Based on Adjusted Tnal Balance in answer (a) prepare the post-closing entries 16 maks