Friend's Tire Shop (V17.0)
	Worksheet Page 1 (D4)
	For the Month Ended December 31, 20XX
	Account Titles	Trial Balance
		Dr.	Cr.
1	Cash	5,318.96
2	Accounts Receivable	8,182.30
3	Merchandise Inventory	36,615.60
4	Prepaid Insurance	5,423.95
5	Office Supplies	423.20
6	Shop Supplies	2,361.75
7	Delivery Van	17,250.00
8	Accum. Depr. - Delivery Van		16,962.50
9	Shop Equipment	27,699.81
10	Accum. Depr. - Shop Equiq		14,260.29
11	Notes Payable		4,505.88
12	Accounts Payable		15,357.30
13	Salaries and Wages Payable
14	Interest Payable		627.42
15	Notes Payable - Long Term		6,573.30
16	Robert Friend, Capital		45,439.03
17	Robert Friend, Drawing	7,900.00
18
19
20
21
22
23
24
25	Totals	111,175.57	103,725.72
	Friend's Tire Shop (V17.0)
	Worksheet Page 2 (D5)
	For the Month Ended December 31, 20XX
	Account Titles	Trial Balance
		Dr.	Cr.
	Total Forward	111,175.57	103,725.72
1	Sales		37,187.17
2	Sales Returns and Allow.	778.20
3	Sales Discounts	539.46
4	Repair Service Revenue		3,613.43
5	Cost of Goods Sold	18,229.78
6	Advertising Expense	661.88
7	Bank Charges	25.00
8	Depr. Expense - Del. Van
9	Depr. Expense - Shop Eq
10	Insurance Expense
11	Office Salaries Expense	3,025.00
12	Office Supplies Expense
13	Rent Expense	1,200.00
14	Repair & Maint. Delivery Van	488.27
15	Shop Salaries Expense	7,450.00
16	Shop Supplies Expense
17	Utilities Expense	949.93
18	Telephone Expense	68.23
19	Accounting/Legal Expense	225.00
20	Rental Revenue		290.00
21	Interest Expense
22	Total	144,816.32	144,816.32
23	Net Income or Loss
24	Total

Adjusting entries:

A	Depr. Exp - Company Van		$287.50
		Accum. Depreciation - Company Van		$287.50
B	Depr. Exp - Shop Equipment		$425.00
		Accum. Depreciation - Shop Equipment		$425.00
C	Insurance Expense		$495.63
		Prepaid Insurance		$495.63
D	Office Supplies Expense		$208.20
		Office Supplies		$208.20
E	Shop Supplies Expense		$361.75
		Shop Supplies		$361.75
F	Office Salaries Expense		$150.00
	Shop Salaries Expense		$350.00
		Salaries and Wages Payable		$500.00
G	Interest Expense		$104.36
		Interest Payable		$104.36
H	Cost of Goods Sold		$283.38
		Merchandise Inventory		$283.38

I need help doing closing entries for the above accounts