*Exercise 4-8 (Part Level Submission) Plevin Company ended its fiscal year on July 31, 2015. The company's adjusted trial balance as of the end of its fiscal year is as shown below. Credit Debit $8,525 8,853 15,866 PLEVIN COMPANY Adjusted Trial Balance July 31, 2015 No. Account Titles 101 Cash 112 Accounts Receivable 157 Equipment 158 Accumulated Depreciation-Equip. 201 Accounts Payable 208 Unearned Rent Revenue 311 Common Stock 320 Retained Earnings 332 Dividends 400 Service Revenue 429 Rent Revenue 711 Depreciation Expense 726 Salaries and Wages Expense 732 Utilities Expense Total $7,656 4,835 2,383 18,132 25,425 16,235 63,357 6,793 7,815 56,049 15,238 $128,581 $128,581 *(a) Prepare the closing entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) *(a) Prepare the closing entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit July 31 (To close revenue accounts.) July 31 (To close expense accounts.) July 31 (To close net income /(loss).) July 31 (To close dividends.)