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I need help with post closing entries. Please help me complete the closing process on the last 3 pages Your answer is correct Prepare an

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Your answer is correct Prepare an adjusted trial balance, KLEENE WINDOW WASHING INC. Trial Balance July 31, 2022 Debit Credit 5410 Cash 6300 Accounts Receivable 320 Supplies Prepaid Insurance 1650 8000 Equipment 180 Accumulated Depreciation Equipment 5400 Accounts Payable 400 Salaries and Wages Payable 12,000 Common Stock 600 Dividends 7900 Service Raven Accounts Receivable 6300 Supplies 320 1650 Prepaid Insurance Equipment 8000 180 Accumulated Depreciation Equipment 5400 Accounts Payable 400 Salaries and Wages Payable Common Stock 12,000 600 Dividends 7900 Service Revenue Maintenance and Repairs Expense 290 580 Supplies Expense 180 Depreciation Expense 150 Insurance Expense 2400 Salaries and Wages Expense $ 25880 25880 Your answer is correct Prepare the income statement for July KLEENE WINDOW WASHING INC. Income Statement For the Month Ended July 31, 2022 Revenues Service Revenue $ 7900 Expenses Maintenance and Repairs Expense $ 290 Supplies Expense 580 i Depreciation Expense 180 Insurance Expense 150 Salaries and Wages Expense 2400 Total Expenses 3600 Net Income LOSS 4300 Question 1 of 1 Your answer is correct. Prepare a retained earnings statement for July (List items that increase retained eamings first.) KLEENE WINDOW WASHING INC. Retained Earnings Statement For the Month Ended July 31, 2022 Retained Earnings, July 1 0 Add: Net Income /(Loss) 4300 4300 Dividends (600) Retained Earnings, July 31 $ 3700 Your answer is correct Prepare a classified balance sheet at July 31. (List Current Assets in order of liquidity) KLEENE WINDOW WASHING INC. Balance Sheet July 31, 2022 Assets Current Assets Cash 5410 Accounts Receivable 6300 320 Supplies Prepaid insurance 1650 $ Total Current Assets Property Plant and Equipment 8000 Equipment -180 Accumulated Depreciation-Equipment Total Assen Liabilities and Stockholders' Equity Current abilities SARA Prepare a classified balance sheet at July 31 (List Current Assets in order of liquidity) KLEENE WINDOW WASHING INC. Balance Sheet July 31, 2022 Assets $ 5410 6300 ceivable 320 1650 rence 13680 it and Equipment 8000 7820 - 180 Accumulated Depreciation Equipment 21500 Liabilities and Stockholders' Equity Equipment 8000 Less : Accumulated Depreciation Equipment -180 Total Assets Liabilities and Stockholders' Equity Current Liabilities Accounts Payable 5400 Salaries and Wages Payable 400 Total Current Liabilities Stockholders' Equity Common Stock 12000 Retained Earnings 3700 Total Stockholders' Equity Total abilities and Stockholders' Equity 8000 lated Depreciation-Equipment 180 7820 $ 21500 Liabilities and Stockholders' Equity 5400 yable 400 35 $ 5800 12000 3700 quity 15700 Cockholders' Equity $ 21500 Journalize the cosing entries crear comes are ottomatically center wmen the amount is enrerea. Do not widene mancany. no entry is required, select "No Entry for the account titles and enter for the amounts.) Debit Credit Date Account Titles and Explanation July 31 Service Revenue 7900 7900 Income Summary (To dose revenue account) Income Summary July 31 3600 Maintenance and Repairs Experse 290 Supplies Expense 580 Depreciation Expense 180 Insurance Expense 150 2400 July 31 4300 Salaries and Wages Expense (To close expense accounts) Income Summary Retained Earnings (To close net income to retained earnings) Retained Earnings 4300 July 31 600 Dividends 600 (To close dividends to retained earnings) Your answer is partially correct Post closing entries and complete the closing process. (Post entries in the order of journal entries presented in the previous part. ending balance is zero please enter on normal balonce side.) 7/1 7/21 2,000 1,800 1,500 2,000 290 600 7/31 Bal 1,600 7/12 7/25 7/31 7/31 Bal Cash 12,000 7/1 1,600 775 7/18 7/20 7/31 7/31 5,410 Accounts Receivable 3.7007/21 2,500 1,700 6.300 Supplies 9007/31 320 Prepaid Insurance 1.800 7/31 1650 Equipment 8,000 8.000 580 7/3 7/31 Bal 150 75 7/31 Bal 7/1 7/31 Bal 580 7/3 7/31 Bal. 150 7/5 7/31 Bal. 7/1 7/31 Bal. Supplies 9007/31 320 Prepaid Insurance 1,8007/31 1,650 Equipment 8,000 8,000 Accumulated Depreciation Equipment 7/31 7/31 Bal. Accounts Payable 1.500 7/1 7/3 7/31 Bal Salaries and Wages Payable 7/31 7/31 Bal. Common Stock 7/1 7/31 Bal Retained Earnings 180 180 7/18 6,000 900 5.400 400 400 12.000 12,000 7/31 600 7/31 4300 7/31 Bal Dividends Retained Earnings 7/31 600 7/31 4300 7/31 Bal. V Dividends 7/31 600 Income Summary 7/31 Service Revenue 7/12 3.700 7/25 2.500 7/31 1.700 >> 7831 Bal 7900 Maintenance and Repairs Expense 7/31 290 7/31 Bal 290 Supplies Expense 580 7/31 Bal. 290 Supplies Expense 580 7/31 7/31 Bal. v 580 Depreciation Expense 180 7/31 7/31 Bal 180 Insurance Expense 7/31 150 7/31 Bal v 150 Salaries and Wages Expense 7/20 2.000 7/31 400 7/31 Bal 2400

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