MY Autobody's adjusted trial balance on December 31, 2023, appears in the work sheet as follows: No. Account 101 Cash Debit $ 27,400 Credit 124 Shop supplies 1,500 128 Prepaid insurance 3,600 167 Equipment 85,000 168 Accumulated depreciation, equipment $ 6,900 201 Accounts payable 18,400 210 Wages payable 301 Mike Yang, capital 8,260 134,000 302 Mike Yang, withdrawals 33,000 401 Repair revenue 152,230 612 Depreciation expense, equipment 7,900 623 Wages expense 103,900 637 Insurance expense 1,600 640 Rent expense 49,350 650 Office supplies expense 690 Utilities expense Totals 4,200 2,340 $319,790 $319,790 Required 1. Prepare closing entries. View transaction list View journal entry worksheet No Date Account Title Debit Credit 2 Dec. 31, 2023 No Transaction Recorded Journal entry worksheet < 1 2 3 4 Record closing of revenue to the income summary. Note: Enter debits before credits. Date: Dec. 31, 2023 Account Title Debit Credit Record entry Clear entry View general journal Prev 3 of 4 Next > 2. Prepare the post-closing trial balance at December 31, 2023. MY AUTOBODY Post-Closing Trial Balance December 31, 2023 Totals Debit Credit 59 69 10