Exercise 4-08 a-c (Part Level Submission) (Video) Sheridan Company ended its fiscal year on July 31, 2020. The company's adjusted trial balance as of the end of its fiscal year is as follows. Credit Debit $8,900 9,400 16,000 Sheridan Company Adjusted Trial Balance July 31, 2020 No. Account Titles 101 Cash 112 Accounts Receivable 157 Equipment 158 Accumulated Depreciation-Equip. 201 Accounts Payable 208 Unearned Rent Revenue 301 Owner's Capital 306 Owner's Drawings 400 Service Revenue 429 Rent Revenue 711 Depreciation Expense 726 Salaries and Wages Expense 732 Utilities Expense $7,300 4,800 2,300 46,600 16,100 63,700 6,000 8,700 56,500 15,100 $130,700 $130,700 Post to Owner's Capital and Income Summary accounts. (Post entries in the order of journal entries using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) ed in the previous part. Enter negative amounts Owner's Capital Debit No. 301 Date Explanation Credit Balance July 31 Balance July 31 July 31 Income Summary No. 350 Date Explanation Debit Credit Balance July 31 July 31 July 31 Click if you would like to Show Work for this question: Open Show Work