Part III: Prepares the closing entries and performs the Post-closing trial balance (30 points)

Adjusted trial balance

Cuenta (Account)	Balance
Cuentas por cobrar (accounts receivable)	119,000
Seguro prepagado (prepaid insurance)	20,500
Materiales (supplies)	3,850
Efectivo (cash)	145,450
Equipo (equipment)	35,000
Cuentas por pagar (accounts payable)	45,000
Notas por pagar (notes payable)	42,800
Ingreso no devengado (Unearned Revenue)	45,000
Juan del Pueblo, capital	69,000
Juan del Pueblo, retiros (drawings)	20,000
Ingresos devengados (fee earned)	835,000
Gastos de utilidades (utilities expense)	24,500
Gastos de salarios (salary expense)	620,000
Gastos de propaganda (advertising expense)	3,500
Gastos de renta (rent expense)	45,000