From the partial worksheet in Figure 12.11. journalize the closing entries for December 31 for E. Henry Co. cricket 86 @ 98% 12:56 PM Expert Q&A + CHAPTER 12 Completion of the Accounting Cycle for a F. HENRY CO. WORKSHEET FOR YEAR ENDED DECEMBER 31, 2013 Income Statement Dr. CH Account Merchandise Inventory popard Advertising Paid Insurance Omice Equipment Rerum Dep. Office Equip counts Payable 5. Henry, Capital come Summary Balance Sheet Dr 1 8900 44900 56 300 3200 107900 20600 257 00 1967 00 35600 44 900 550400 22 800 10600 26 22 00 3 600 5400 Sales Returns and Allowances Sales Discount Purchases Purchases Returns and Allowances Purchases Discount Salaries Expense Insurance Expense Utilities Expense Rumbing Expense 10 8 7 00 6 95 00 4200 5 900 Advertising Expense Der Expenses, Office Equip. Salaries Payable 1600 2 500 60 4300 2 3 1 2 00 75 00 1/5 0/5 00 8 07.00 23 12 00 5 2 3 600 80 700 6043 00 Net Income Total 604300 2 31 200 From the worksheet in Exercise 12A-3, prepare the assets section of a classified balance sheet. Formatting lable Styles Clipboard Font Alignment Number Styles BE23 X B L 0 C D E F G HK Trial Balance Dr. Cr. Account Titles MNOPQRSTU VWXYZ AA ABACA AE Adjustments Adjusted Trial Balance Dr. Cr. Dr. Cr. AF AAHAL AAKALANAN AOAD ABAFAS AT Income Statement Balance S Dr. Cr. Dr. 2 Cash 3 Accounts Receivable Merchandise Inventory Lumber Supplies Prepaid Insurance Lumber Equipment Accum. Depr., Lumber Eq. Accounts Payable Wages Payable 1 J. Cullen, Capital 2 J. Cullen, Withdrawals Income Summary es Sales Returns & Allowances 26 Purchases Purchases Discount Purchases Ret & Allowances es Wages Expense Advertising Expense Rent Expense 2 Depr. Expense, Lumber Eq. 3 Lumber Supplies Expense 4 Insurance Expense e Sales $31.929 $31,929 Worksheet INC STMT STMT OF OE BAL SHEET JES LEDGER LEDGER (2) LEDGER Ready Type here to search OR e