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Maurice's Bowling Alley's adjusted trial balance as of December 31,2016 , is presented below: (Click the icon to view the adjusted trial balance.) Requirements 1.

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Maurice's Bowling Alley's adjusted trial balance as of December 31,2016 , is presented below: (Click the icon to view the adjusted trial balance.) Requirements 1. Prepare the closing entries for Maurice's Bowling Alley. 2. Prepare a post-closing trial balance. 3. Compute the current ratio for Maurice's Bowling Alley. Requirement 1. Prepare the closing entries for. Maurice's Bowling Alley. (Record debits first, then credits. Selec explanation on the last line of the journal entry table.) Start by closing revenues. Maurice's Bowling Alley Adjusted Trial Balance December 31,2016 Balance Account Title Cash Debit Credit Accounts Receivable Office Supplies Prepaid Insurance Equipment $19,000 3,200 Accumulated Depreciation-Equipment Building Accumulated Depreciation-Building Land 750 Accounts Payable Utilities Pavable 110,000 $21,000 3,000 43,000 Data table

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