Below is the Adjusted Trial Balance for Wally Pty Ltd as at 30 June 2020: Wally Pty Ltd Trial Balance (Adjusted) As at 30 June 2020 Accounts Debits Credits Cash at bank 5,000 Accounts receivable 24,000 Equipment 29,000 Accumulated depreciation-Equipment 12,700 Accounts payable 18,000 Bank loan 25,000 Capital 11,000 Drawings 1,500 Service revenue 15,000 Rent expense 9,500 Wages expense 2,000 Depreciation expense - Equipment 10,700 81,700 81,700 Required: Prepare the closing entries for the business. Dates and narrations are required. Answer Template If you accidentally delete the answer template, you may undo the deletion using "Ctrl + Z" (for Windows) or "Command + Z Mac). If that does not work, please click on this link Answer Template You may copy and paste the swer