I have attached Trial Balance with the information that is needed for the question.

QUESTION: I need to prepare closing Journal entries "Close out" all required accounts.

3:45 - LTE Done COMPREHNSIVE PROBLEM PART... The ABC, Inc. Adjusted Trial Balance As of June 30 20XX $1,500 Credit Debit 914,692 10,000 22,000 8,500 320,100 106,700 25,608 889.167 889.167 116,700 500 1,722.5 400 Cash Accounts Receivable Prepaid Insurance Inventory Building Equipment Land Accumulated Depreciation - Building ble Accumulated Depreciation - Equipment 06,700 Accounts Payable 10,000 Advance Deposits Accrued Interest 16,700 Accrued Wages Note Payable Common Stock $400 Dividends Service Revenue Consulting Revenue $400 Advertising Expense Utilities Expense enue R&M Expense 10,000 Wages Expense Interest Expense Insurance Expense 10,000 Cost of Goods Sold Depreciation Expense se Total 206,700 1,067,000 500 20,000 10,000 1,500 2,000 1,800 4,400 1,723 2,000 1,500 1,778 1,424,800.833 1,424,800.833