nent $4-$ Ch $4$

i

MY Autobody's adjusted trial balance on December $31,2023,$ appears in the work sheet as follows:

$\backslash$table$[[$No$.,$Account,Debit,Credit$],[101,$Cash,$$28,900,],[124,$Shop supplies,$2,250,],[128,$Prepaid insurance,$5,100,],[167,$Equipment,$92,500,],[168,$Accumulated depreciation, equipment,,$$8,400],[201,\backslash$table$[[$Accounts payable$],[$Wages payable$]],,19,900],[210,\backslash$table$[[$Wages payable$],[$Mike Yang, capital$]],,9,760],[301,,,149,000],[302,\backslash$table$[[$Mike Yang, withdrawals$],[$Repair revenue$]],40,500,],[401,,,165,730],[612,\backslash$table$[[$Depreciation expense, equipment$],[$Wages expense$]],9,400,],[623,,105,400,],[637,\backslash$table$[[$Insurance expense$],[$Rent expense$]],2,350,],[640,,56,850,],[650$

$600,\backslash$table$[[$Office supplies expense$],[$Utilities expense$]],5,700,],[690,$Utilities expense,$3,840,],[$Totals$,$$$352,790,$$$352,790]]$

Required Assignment $4-$ Ch $4$

MY Autobody's adjusted trial balance on December $31,2023,$ appears in the work sheet as follows:

$\backslash$table$[[$No$.,$Account,Debit,Credit$],[101,\backslash$table$[[$Cash$],[$Shop sunolins$]],$$$28,900,],[124,\backslash$table$[[$Shop supplies$],[$Prepaid insunanco$]],2,250,],[128,\backslash$table$[[$Prepaid insurance$],[$Equipment$]],5,100,],[167,\backslash$table$[[$Equipment$]],92,500,],[168,$Accumulated depreciation, equipment,,$$8,400],[201,$Accounts payable,,$19,900],[210,$Wages payable,,$9,760],[301,$Mike Yang, capital,,$149,000],[302,$Mike Yang, withdrawals,$40,500,],[401,$Repair revenue,,$165,730],[612,$Depreciation expense, equipment,$9,400,],[623,$Wages expense,$105,400,],[637,$Insurance expense,$2,350,],[640,$Rent expense,$56,850,],[650,$office supplies expense,$5,700,],[690,$Utilities expense,$3,840,],[$Totals$,$$$352,790,$$$352,790]]$

Required

Prepare closing entries.

$$prepare a balance sheet at December $31,2023$ MY Autobody's adjusted trial balance on December $31,2023,$ appears in the work sheet as follows: