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Following is the adjusted trial balance, with accounts listed in alphabetical order for Capital Consultants at December 31, 2014. Use this information to prepare the

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Following is the adjusted trial balance, with accounts listed in alphabetical order for Capital Consultants at December 31, 2014. Use this information to prepare the closing entries Use the numbers below as the description for the corresponding closing entry. 1. Close all temporary credit balance accounts to the income summary account 2. Close all temporary debit balance accounts to the income summary account 3. Close the income summary (net income) to capital 4. Close the income summary (net loss) to capital 5. Close withdrawals to capital. Enter the dates in the format dd/mmm (ie. 15/Jan). General Journal Account/Explanation Date Page GJS Credit F Debit + + Capital Consultants Adjusted Trial Balance December 31, 2014 Debit Credit Accounts receivable 9,130 Accumulated depreciation, furniture 1,950 Capital 9,940 Cash 5 170 Commissions earned 8,960 Delivery expense 3,360 Depreciation expense, furniture 1,860 Furniture 13,040 Sales 4,150 Unearned revenue 10.080 Withdrawals 2,520 Totals 35 080 35,080 + + ) ENG 9:22 AM 2021-04-24 j Type here to search

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