Hi I have a test coming up and need to practice this question. Please solve it thanks.

Tony has decided to end the Precision Computer Centre's first year as ofJuly 31, 20XX, and has prepared the following:

Adjusting Entries Balance Sheet Requirement 3. Prepare a post-closing trial balance. (If an input field is not used in the trial balance, leave the input field empty; do not select a label or enter a zero.) View the post-closing balance of the capital account. 11/7/23, 6:06 PM Chart of Accounts Statement of Owner's Equity Precision Computer Centre Worksheet For the Three Months Ended July 31, 20XX \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multirow[b]{2}{*}{ Account Titles } & \multicolumn{2}{|c|}{ Trial Balance } & \multicolumn{2}{|c|}{ Adjustments } & \multicolumn{2}{|c|}{ Adjusted Trial Balance } \\ \hline & Debit & Credit & Debit & Credit & Debit & Credit \\ \hline Cash & $1,645 & & & & 1,645 & \\ \hline Accounts Receivable & 2,600 & & & & 2,600 & \\ \hline Prepaid Rent & 1,200 & & & 800 & 400 & \\ \hline Supplies & 450 & & & 360 & 90 & \\ \hline Computer Shop Equipment & 2,400 & & & & 2,400 & \\ \hline Office Equipment & 600 & & & & 600 & \\ \hline Accounts Payable & & 210 & & & & 210 \\ \hline T. Freedman, Capital & & 4,500 & & & & 4,500 \\ \hline T. Freedman, Withdrawals & 100 & & & & 100 & \\ \hline Service Revenue & & 6,685 & & & & 6,685 \\ \hline Advertising Expense & 1,400 & & & & 1,400 & \\ \hline Rent Expense & 400 & & 800 & & 1,200 & \\ \hline Utilities Expense & 180 & & & & 180 & \\ \hline Phone Expense & 220 & & & & 220 & \\ \hline Insurance Expense & 150 & & & & 150 & \\ \hline Postage Expense & 50 & & & & 50 & \\ \hline & $11,395 & $11,395 & & & & \\ \hline Supplies Expense & & & 360 & & 360 & \\ \hline \begin{tabular}{l} Depreciation Expense, Computer Shop \\ Equipment \end{tabular} & & & 99 & & 99 & \\ \hline \begin{tabular}{l} Accumulated Depreciation, Computer Shop \\ Equipment \end{tabular} & & & & 99 & & 99 \\ \hline Depreciation Expense, Office Equipment & & & 20 & & 20 & \\ \hline Accumulated Depreciation, Office Equipment & & & & 20 & & 20 \\ \hline Total & & & $1,279 & $1,279 & 11,514 & 11,514 \\ \hline \end{tabular} Requirement 1. Journalize the closing entries. Begin by closing the revenue account. (Record debits first, then credits. Exclude explanations from journal entries. Only use necessary lines in journal entries.) Close the Income Summary. (Record debits first, then credits. Exclude explanations from journal entries. Only use necessary lines in journal entries.) \begin{tabular}{|c|c|c|c|} \hline Date & Account Titles & Debit & Credit \\ \hline \multicolumn{4}{|l|}{ July 31} \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} Close the Withdrawals account. (Record debits first, then credits. Exclude explanations from journal entries. Only use necessary lines in journal entries). \begin{tabular}{|c|c|c|c|} \hline Date & Account Titles & Debit & Credit \\ \hline \multicolumn{4}{|l|}{ July 31} \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} Requirement 2. Post the closing entries to the ledger. If more than one entry is required to post to an account, post the entries in the same order as the closing journal entries you prepared in Requirement 1. For the purposes of this problem, ignore posting references. Start by posting to the T. Freedman, Capital account. Post in the same order as in Requirement 1. (For accounts with a $0 balance, make sure to enter "0" in the balance column and leave the Debit or Credit column empty.) Post to the T. Freedman, Withdrawals account. (For accounts with a $0 balance, make sure to enter " 0 " in the balance column and leave the Debit or Credit column empty.) View the closing entries. Post to the Income Summary account. Post in the same order as in Requirement 1. (For accounts with a $0 balance, make sure to enter "0" in the balance column and leave the Debit or Credit column empty.) View the closing entries. Post to the Service Revenue account. (For accounts with a $0 balance, make sure to enter " 0 " in the balance column and leave the Debit or Credit column empty.) View the closing entries. Post to the Rent Expense account. (For accounts with a $0 balance, make sure to enter "0" in the balance column and leave the Debit or Credit column empty.) View the closing entries. Post to the Utilities Expense account. (For accounts with a $0 balance, make sure to enter " 0 " in the balance column and leave the Debit or Credit column empty.) View the closing entries. ost to the Supplies Expense account. (For accounts with a $0 balance, make sure to enter " 0 " in the balance column and liew the closing entries. Post to the Insurance Expense account. (For accounts with a $0 balance, make sure to enter " 0 " in the balance column and leave the Debit or Credit column empty.) View the closing entries. View the closing entries. Post to the Depreciation Expense, Office Equipment account. (For accounts with a $0 balance, make sure to enter "0" in the balance column and leave the Debit or Credit column empty.) View the closing entries