Oriole Company ended its fiscal year on July 31, 2022. The company's adjusted trial balance as of the end of its fiscal year is as follows. Oriole Company Adjusted Trial Balance July 31, 2022 No. Account Titles Debit Credit Credit 101 Cash $9,000 8.900 112 Accounts Receivable 157 Equipment 14,000 158 Accumulated Depreciation-Equip. $7.900 201 Accounts Payable 4,500 200 Unearned Rent Revenue 1,900 301 Owner's Capital 44,700 306 Owner's Drawings 16,000 400 Service Revenue 63,100 429 Rent Revenue 6,300 711 7,400 Depreciation Expense Salaries and Wages Expense 726 55.900 732 Utilities Expense 15,200 $128.400 $128.400 (a) Your answer is correct. Prepare the closing entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit July 31 Service Revenue 63100 Rent Revenue 6300 Income Summary 69400 (To close revenue accounts) July 31 Income Summary 78500 Depreciation Expense 7400 Salaries and Wages Expense 55900 Utilities Expense 15200 (To close expense accounts) July 31 Owner's Capital 9100 Income Summary 9100 (To Close net Income / (loss)) July 31 Owner's Capital 16000 Owner's Drawings 16000 (To close drawings) Post to Owner's Capital and Income Summary accounts. (Post entries in the order of journal entries presented in the previous part. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Owner's Capital Nd ite Explanation Debit Credit Balance uly 31 uly 31 uly 31 Income Summary Nd ite Explanation Debit Credit Balance uly 31 uly 31 uly 31