and post closing arepare a post- Balance. OKABE COMPANY Adjusted Trial Balance borbis al wat July 31, 2017 Debit Credit No. Account Titles 101 Cash $ 9,840 112 Accounts Receivable 8,780 157 Equipment 15,900 158 Accumulated Depreciation-Equip. $ 7,400 201 Accounts Payable 4,220 208 Unearned Rent Revenue 1,800 301 Owner's Capital 45,200 306 Owner's Drawings 16,000 lei 400 Service Revenue 64,000 429 Rent Revenue 6,500 711 Depreciation Expense up 8,000 726 Salaries and Wages Expense 55,700 732 Utilities Expense 14,900 $129,120 $129,120 Instructions (a) Prepare the closing entries using page J15. (b) Post to Owner's Capital and No. 350 Income Summary accounts. (Use the three-column form.) (c) Prepare a post-closing trial balance at July 31. la Prepare closing entries at June 30, 2011 (b) Prepare a post-closing trial balance. E4-8 Okabe Company ended its fiscal year on July 31, 2017. The company's adjusted trial balance as of the end of its fiscal year is shown below