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Chapter 5 5.1. David's, Inc. Trial Balance December 31 Credit Debit 21 $ 175 Cash. Accounts Receivable....... .... Equipment... Accounts Payable....................... Capital Stock.. Retained Earnings

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Chapter 5 5.1. David's, Inc. Trial Balance December 31 Credit Debit 21 $ 175 Cash. Accounts Receivable....... .... Equipment... Accounts Payable....................... Capital Stock.. Retained Earnings ......... .............. Dividends........................ .... Service Revenue .......... ....... Salaries Expense Depreciation.. Advertising Expense.. ........ $386 Prepare the closing entries and post closing trail balances

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