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Net checked Marked out of 36.00 Retirement Motel has journalized their adjusting entries and prepared their adjusted trial balance. Prepare the closing entries directly owner's
Net checked Marked out of 36.00 Retirement Motel has journalized their adjusting entries and prepared their adjusted trial balance. Prepare the closing entries directly owner's capital for the month of May and create the post- closing trial balance. Flag question Retirement Motel Adjusted Trial Balance May 31, 2021 Account Titles DR CR Cash $12,750 Accounts Receivable $5,830 Prepaid Insurance $2.900 Equipment $25,760 Accumulated Depreciation Accounts Payable So aries Payable Uneamed Revenue $2.920 $550 Bent Loan Gatsbee, Capital $21,420 $4,810 Gatsbee Withdrawals Service Revenue $ 17,670 $300 $320 Depreciation Experse Insurance Expense Interest Expense Maintenance Expense Office Supplies Expense $2,060 Salaries & Wages Expense $3,410 Te ephone Expense $430 $60,710 560, 710 Do not enter dollar signs or commas in the input boxes, For the closing of the expense accounts, enter the expense accounts in alphabetical order. Date Account Title and Explanation Debit Credit 2021 May 31 Close revenue accounts May 31 . . Cose owner's drawings C Close owner's drawings Retirement Motel Post-Closing Trial Balance May 31, 2021 Account Titles DR CR Cash Accounts Receivable Prepaid Insurance Equipment Accumulated Depreciation Accounts Payable Salaries Payable Unearned Revenue Bank Loan Gatsbee, Capital Total Check htton does not submit your attempt. To submit the attempt go to the end of the quiz and click on the submit all and ins
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