ABC, Inc. has the following adjusted trial balance as of December 31, 2022. the company's year-end (Click the icon to view the adjusted trial balance.) Requirements b. Prepare the necessary closing entries for ABC, Inc. at December 31, 2022. Omit explanations Prepare the post-closing trial balance for ABC, Inc. at December 31, 2022 Adjusted trial balance O Points: 0 of 1 Requirement a. Prepare the necessary closing entries for ABC, Inc. at December 31, 2022 Omit explanations (1) Start by closing revenues Cash Account December 31 ABC, Inc. Adjusted Trial Balance At December 31, 2022 Account Debit Credit $ 700,000 Accounts Receivable 4,000 Prepaid Rent 12.600 Equipment 75.000 Accumulated Depreciation-Equipment 6.000 Accounts Payable 30,000 Wages Payable 20000 Common Stock 22.000 Sales Revenue Rent Expense Wage Expense Utes Expense Depreciation Expense-Equipment Insurance Expense Total 5,000 17.500 $ 1,114300 1.114300 1.037 300 25.200 270.000 5,000 Print Done X