MY Autobody's adjusted trial balance on December 31, 2020, appears in the work sheet as follows: No. Account 101 Cash Debit $ 27,300 Credit 124 Shop supplies 1,450 128 Prepaid insurance 3,500 167 Equipment 84,500 168 Accumulated depreciation, equipment $ 6,800 201 Accounts payable 18,300 210 Wages payable 301 Mike Yang, capital 8,160 133,000 302 Mike Yang, withdrawals 32,500 401 Repair revenue 151,330 612 Depreciation expense, equipment 7,800 623 Wages expense 103,800 637 Insurance expense 1,550 640 Rent expense 48,850 650 Office supplies expense 690 Utilities expense Totals 4,100 2,240 $317,590 $317,590 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 Dec. 31, 2020 Record entry Account Title Debit Credit Clear entry 2. Prepare the post-closing trial balance at December 31, 2020. Totals MY AUTOBODY Post-Closing Trial Balance December 31, 2020 Debit Credit 0 $ 0 View general journal