Given the above information, prepare the following: a. The necessary closing entries Example of Answer: Dr. Equipment 10,000 10,000 Cr. Cash b. How much is the ending capital after the closing process? (Show your calculato Hadi Maintenance Company Adjusted Trial Balance December 31 Cash Accounts receivable Office supplies Office equipment Accumulated depreciation Office equipment Long term notes payable D. Chambers, Capital D. Chambers, Withdrawals Fees earned Salaries expense Rent expense Depreciation expense-Office equipment Office supplies expense Totals Debit Credit 23,500 13,000 6,000 49,600 20,000 39.500 1,000 37,000 32,800 10,000 3,960 2,800 $142.660 $142.660