Based on given unadjusted trail balance and adjustments

1. Pass adjusting journal entries

2. Create adjusted trial balance

3. Create income statement and Balance Sheet

4. Pass closing journal entries

Paul services Trial Balance As At 30 June 2016 Account No Account Name Credit 137 Acc. Depreciation. - Furniture 141 Acc. Depreciation Equipment 146 Acc. Depreciation Equipment 171 Acc. Depreciation- Automobile 0.00 0.00 0.00 0.00 Automobile Expense 201 Depreciation Expense Furniture 201 Depreciation Expense Store Equipment 1 1447969.00 1447969.00