Knowledge Check 01 The company's adjusted trial balance Includes the following accounts balances: Cash, $15,000; Equipment, $85,000, Accumulated Depreciation, $25,000; Accounts Payable, $10,000; Retained earnings, $63,500, Dividends, $2,000, Sales, $56,000, Sales Returns and Allowances, $3,000, Sales Discounts, $1,500; Depreciation Expense, $25,000, and Salaries Expense, $23,000. All accounts have normal balances. Prepare the second closing entry by selecting the account names from the pull-down menus and entering dollar amounts in the debit and credit columns. View transaction list Journal entry worksheet < 1 The company's adjusted trial balance as follows includes the following accounts balances: Cash, $15,000; Equipment, $85,000; Accumulated Depreciation, $25,000; Accounts Payable, $10,000; Owner, Capital, $63,500; Owner, Withdrawals, $2,000; Sales, $56,000; Sales Returns and Allowances, Note: Enter debits before credits. Date December 31 General Journal Debit Credit View general journal Record entry Clear entry View transaction list Journal entry worksheet < 1 Depreciation, $25,000; Accounts Payable, $10,000; Owner, Capital, $63,500; Owner, Withdrawals, $2,000; Sales, $56,000; Sales Returns and Allowances, $3,000; Sales Discounts, $1,500; Depreciation Expense, $25,000; and Salaries Expense, $23,000. All accounts have normal balances. Note: Enter debits before credits. Date December 31 General Journal Debit Credit View general journal Record entry Clear entry