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MY Autobody's adjusted trial balance on December 31, 2023, appears in the work sheet as follows: No. 101 Account Debit Credit Cash $ 27,600
MY Autobody's adjusted trial balance on December 31, 2023, appears in the work sheet as follows: No. 101 Account Debit Credit Cash $ 27,600 124 Shop supplies 1,600 128 Prepaid insurance 3,800 167 Equipment 86,000 168 Accumulated depreciation, equipment $ 7,100 201 Accounts payable 18,600 210 Wages payable 8,460 301 Mike Yang, capital 136,000 382 Mike Yang, withdrawals 34,000 401 Repair revenue 154,030 612 Depreciation expense, equipment 8,100 623 Wages expense 104,100 637 Insurance expense 1,700 640 Rent expense 50,350 658 Office supplies expense 4,400 690 Utilities expense 2,540 Totals Required Prpare closing entries $324,190 $324,190 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, 2023 Account Title Debit Credit Record entry Clear entry View general journal Activate Windows Go Journal entry worksheet < 1 NE 3 Record the closing of expense accounts to income summary. Note: Enter debits before credits. Date Dec. 31, 2023 Account Title Debit Credit Journal entry worksheet < 1 2 3 4 Record the closing of income summary to capital. Note: Enter debits before credits. Date Dec 31, 2023 Account Title Debit Credit Record entry Clear entry View general journal View transaction list Journal entry worksheet 1 2 3 Record the closing withdrawals to capital. Note: Enter debits before credits. Date Dec 31, 2023 Account Title Dob Credit Record entry Clear entry View general journal 2. Prepare the post-closing trial balance at December 31, 2023. MY AUTOBODY Post-Closing Trial Balance December 31, 2023 Totals Debit Credit
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