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Emphas The adjusted trial balance for Molina Company is presented below. Credits MOLINA COMPANY Adjusted Trial Balance July 31, 2021 Account Titles Debits Cash $18,000

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Emphas The adjusted trial balance for Molina Company is presented below. Credits MOLINA COMPANY Adjusted Trial Balance July 31, 2021 Account Titles Debits Cash $18,000 Accounts Receivable 13,000 Equipment 28,000 Accumulated Depreciation Equip. Accounts Payable Unearned Rent Revenue Common Stock Retained Earnings (July 1, 2021) Dividends 17,000 Service Revenue Rent Revenue Depreciation Expense 5.000 Salaries and Wages Expense 60,000 Utilities Expense 8.000 S149.000 $ 8,000 5,500 2,000 22,000 27,500 73,000 11,000 $149,000 1) Using this information, prepare for the month ending July 31: (2 points) 1. an income statement 2. a retained carnings statement 3. a balance sheet English (United States) Focus (CE atv AaBoCcDdE AaB Emphasis Head 2) a. Using the above information, prepare July closing entries for Molina Company. Use the Income Summary T account to assist in your analysis. (2 points) Date Account Titles Debit Credit Income Summary K (United States) FC Focus etty la Income Summary b. Using the T account below, show the beginning balance in Retained Earnings for Molina Company for the month of July, post the July entries to the account and compute and show the ending balance as of July 31 Be sure to show the balance on the proper side (debit or credit). (1 point) Retained Earnings (United States) Focus ee otv MacBook Air

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