Laura's Laundry Service Unadjusted Trial Balance October 31, 2021 Debit Credit Accounts receivable Accounts payable Accumulated Depreciation-equipment $12,000 $25,000 30,000 Advertising expense 40,000 Cash 42,000 Depreciation expense 12,000 Insurance expense 3,000 Equipment 125,000 Service revenue 208,000 Loan payable 72,000 Retained earnings 35,000 Dividends 18,000 Prepaid insurance 1,500 Salaries payable 6,000 Salary expense 97,000 Supplies 1,500 Supplies expense 9,000 Repair expense 7,000 Deferred revenue 1,500 Utilities expense 9,500 $377,500 $377,500 Required: i. ii. Prepare the necessary closing entries at October 31. Prepare the post-closing trial balance