MY Autobody's adjusted trial balance on December 31, 2020, appears in the work sheet as follows: No. 101 124 128 167 168 201 210 301 302 401 612 623 637 640 650 690 Account Cash Shop supplies Prepaid insurance Equipment Accumulated depreciation, equipment Accounts payable Wages payable Mike Yang, capital Mike Yang, withdrawals Repair revenue Depreciation expense, equipment Wages expene Insurance expense Rent expense office supplies expense Utilities expense Totals Debit Credit $ 28,000 1,800 4,200 88,000 $ 7,500 19,000 8,860 140,000 36,000 157,630 8,500 104,500 1,900 52,350 4,800 2,940 $332,990 $332,990 Required: 1. Prepare closing entries. View transaction list Journal entry worksheet Required: 1. Prepare closing entries. View transaction list Journal entry worksheet 1 2 3 4 Record closing of revenue to the income summary. Note: Enter debits before credits. Date General Journal Debit Credit Dec. 31, 2020 Record entry Clear entry View general Journal 2. Prepare the post-closing trial balance at December 31, 2020. MY AUTOBODY Post-Closing Trial Balance December 31, 2020 Debit Credit + Totals $ 0 $ 0