Culver Company ended its fiscal year on July 31, 2019. The company's adjusted trial balance as of the end of its fiscal year is shown below. Culver Company Adjusted Trial Balance July 31, 2019 No. Account Titles Debit Credit 101 Cash $9.950 112 Accounts Receivable 8.500 157 Equipment 15,900 158 Accumulated Depreciation-Equip. $7,800 201 Accounts Payable 4,300 208 Unearned Rent Revenue 1,900 311 Common Stock 18,750 320 Retained Earnings 25,500 332 Dividends 16,500 400 Service Revenue 64,500 429 Rent Revenue 6,500 711 Depreciation Expense 6,500 726 Salaries and Wages Expense 56,400 732 Utilities Expense 15,500 $129,250 $129,250 Prepare the closing entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation July 31 Service Revenue 64500 Rent Revenue 6500 71000 Income Summary (To close revenue accounts) July 31 Income Summary 78400 Depreciation Expense 6500 Salaries and Wages Expense 56400 15500 Utilities Expense (To close expense accounts) July 31 Retained Earnings Income Summary (To close net income / (loss)) July 31 Retained Earnings 25500 16500 Dividends (To close dividends) Post to the Retained Earnings and Income Summary accounts. (Post entries in the order of journal entries presented in the previous part.) Retained Earnings Ref Debit No. 320 Balance Credit Date Explanation July 31 July 31 July 31 Income Summary Debit No. 350 Balance Ref Credit Date Explanation July 31 July 31 July 31 e Textbook and Media List of Accounts Prepare a post-closing trial balance at July 31. Culver Company Post-Closing Trial Balance July 31, 2019 Debit Credit Cash $ 9950 8500 Accounts Receivable Equipment 15900 Accumulated Depreciation Equipment 7800 Accounts Payable 4300 Unearned Rent Revenue 1900 Common Stock 18750 Retained Earnings Totals