Nano Technology Solution Co has prepared the following unadjusted trial balance at Jan 31, 2019

Nano Technology Solution Co.

Adjusted Trial Balance

January 31, 2019

	Debit	Credit
Cash	13100
Supplies	8000
Prepaid insurance	7500
Trucks	190,000
Accumulated Depreciation Truck		27,100
Account payable		4500
Unearned Fees		11,000
Note payable (due 2025)		20,000
Smiths Capital		106400
Smiths Drawing	3000
Fees earned		131,000
Salary expense	61000
Rent Expense	7600
Electricity Expenses	9800
	300,000	300,000

Requirement:

• 1. Prepare income statement and stamen of Owners Equity
• 2. Journalize necessary closing entry
• 3. Prepare Post-closing Trail balance