Question 2: On October 31. follows: Cash Supplies Equipment 2017 LO: K2, | marks] . account balances after adjustments for Jake Company are as Accumulated DepreciationEquipment Notes Payable Accounts Payable Jake's, Capital Jake's, Drawings Service Revenue Utilities Expense Supplies Expense Rent Expense Salaries and Wages Expense Advertising Expense Depreciation Expense Required: Account Balances Miustmcnt\ s 21,000 3,000 37,500 9,000 12,750 3,750 27,750 6,000 85,500 3,900 12,750 19,500 18.000 14.100 3,000 (a) Prepare the closing journal entries for Jake Company on October 3 1, 2017. (5 marks) (b) Prepare the post closing trial balance. (5 marks)