Enter your awet in the box and thence Check Answer ICE CHAP. 4 (Table 4-8 Tuttle Photography and Test Bank 44) & o The following is the adjusted trial balance for Tuttle Photography. Debit Credit S15,000 30.000 7,500 3.200 40.000 160,000 $12.000 75.000 Accounts Cash Accounts receivable Prepaid insurance Office supplies Land Building Accumulated amortization Equipment Accumulated amortization Accounts payable Salaries payable Uncamned service revenue Mortgage payable R. Tuttle capital R. Tuttle, withdrawals Service revenue Salaries expense Amortization expense Supplies expense Insurance expense Utilities expense 8,500 12.000 2.000 25,000 100.000 21.290 23.000 289.000 L 6 61.000 ,150 14,040 14.000 20.900 $469.790 $469,790 Prepare the closing journal entries for Tuttle Photography and a post-closing trial balance for Dec.31, 2019. DEBIT CREDIT Answer: Service revenue Income summary To close revenue account to Income Summary Income summary Salaries expense Amortization expense Supplies expense Insurance expense Utilities expense To close expense accounts to Income Summary Income summary R. Tuttle, capital To close Income Summary account to capital. R. Tuttle, capital R. Tuttle, withdrawals To close withdrawals account to capital. Tuttle Photography Post-closing Trial Balance December 31, 2019 Debit Credit Cash Accounts receivable Supplies Prepaid insurance Land Building Accumulated amortization Equipment Accumulated amortization Accounts payable Salaries payable Unearned service revenue Mortgage payable R. Tuttle, capital Total