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(b) Prepare the closing entries ONLY (10%) Elizabeth Brakery LLC Adjusted Trial Balance For the 12-Months Ending July 31, 2018 General Ledger Account cash Debit

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(b) Prepare the closing entries ONLY (10%) Elizabeth Brakery LLC Adjusted Trial Balance For the 12-Months Ending July 31, 2018 General Ledger Account cash Debit Credit $592,650 15,800 1,500 24,000 3,600 45,800 65,750 Accounts Receivable Supplies Prepaid Rent Prepaid Insurance computers (cost) Motor vehicle (cost) Aecumulated Depreciation-Computers Accumulated Depreciation-Motor Vehicle Accounts Payable Salaries & Wages Payable interest Payable Unearned Revenue Notes Payable owner's Equity Owner's Drawings Revenue Depreciation Expense-Computer Depreciation Expense-Motor Vehicle alaries & Wages Expense nterest Expense tilities Expense ent Expense terest Expense $16,500 35,800 34,570 45,750 250 110,600 100,000 78,000 15,000 670,000 125 145 87,500 11,000 15,600 24,000 189,000 1,091,470 1,091,470

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