Please complete the following chart

Indicate whether the following accounts would normally have a debit, credit, or nil balance after the books have been closed, by placing a checkmark (V) in the appropriate space. Balance Accounts Debit Credit Nil Salaries Accounts Payable C. Wilson, Capital Fees Earned Rent Expense C. Wilson, Drawings The nine steps of the accounting cycle are listed below in random order. Number the steps in the order in which they occur in the accounting cycle. Accounting entries are recorded in the journal. An income statement and a balance sheet are prepared. Adjusting entries are journalized and posted. Transactions occur. The ledger is balanced by means of a trial balance. A postclosing trial balance is prepared. A worksheet is prepared. Closing entries are journalized and posted. Journal entries are posted to the ledger accounts