Data table Manny's Bowling Alley Adjusted Trial Balance December 31, 2024 Balance Account Title Debit Credit Cash $ 15,500 Accounts Receivable 3,400 Office Supplies 650 Prepaid Insurance 2,800 Land 45,000 Building 115,000 Accumulated Depreciation-Building $ 8,500 Equipment 45,000 Accumulated Depreciation- Equipment 14,000 Accounts Payable 3,500 Utilities Payable 750 Salaries Payable 3,200 Linearned Revenue 1.400 Data table Accumulated Depreciation-Building 8,500 Equipment Accumulated Depreciation- 45,000 Equipment Accounts Payable Utilities Payable Salaries Payable 14,000 3,500 750 3,200 Unearned Revenue 1,400 Beacher, Capital 205,860 Beacher, Withdrawals 25,000 Service Revenue 110,000 Insurance Expense 29,000 Salaries Expense 39,000 Supplies Expense 1,100 Utilities Expense 20,000 Depreciation Expense-Equipment 5,500 260 Depreciation Expense-Building 347,210 $ 347,210 Total Print Done - Manny's Bowling Alley's adjusted trial balance as of December 31, 2024, is presented below. (Click the icon to view the adjusted trial balance.) Read the requirements. Requirement 1. Prepare the closing entries for Manny's Bowling Alley. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Start by closing revenues. Date Dec. 31 Clos (1) Accounts and Explanation Debit Credit Close expenses for the period. Date Accounts and Explanation Debit Credit Dec. 31 Clos (2) Close expenses for the period. Date Dec. 31 Clos. (2) Close Income Summary. Date Dec. 31 Clos. (3) Accounts and Explanation Debit Credit Accounts and Explanation Debit Credit Close withdrawals. Date Dec. 31 Clos. (4) Accounts and Explanation Debit Credit Requirement 2. Prepare a post-closi Account Title Total Post-Closing Trial Balance December 31, 2024 Balance Debit Credit Requirement 3. Compute the current ratio for Manny's Bowling Alley. Select the labels, enter the amounts, then compute the current ratio. (Round your answer to two decimal places.) + = Current ratio =