PLEASE HELP ME FILL IN THE BALANCE SHEET AND THE CLOSING ENTRIES

THANK YOU VERY MUCH!!!!

Account Title Cash Accounts Receivable Prepaid Rent Supplies Land Equipment Accumulated Amortization - Equipment Unearned Revenue Accounts Payable Note Payable (due in 5 years) Salaries Payable Lee, Capital Lee, Withdrawals Service Revenue Amortization Expense-Equipment Salaries Expense Rent Expense Utilities Expense Supplies Expense GRAND TOTALS Unadjusted Trial Balance Adjustments Adjusted Trial Balance Debit Credit Debit Credit Debit Credit $3,655.34 $3,655.34 $3,049.54 a) $5,500.00 $8,549.54 $616.07 d) $1,200.00 $583.93 [Used is more than available and so it became credit balance] $1,740.39 e) $3,200.00 $1,459.61 [Used is more than available and so it became credit balance] $12,834.75 $12,834.75 $18,661.72 $18,661.72 $1,458.03 b) $2,000.00 $3,458.03 $1,283.47 $1,283.47 $2,649.09 $2,649.09 $641.74 $641.74 c) $2,500.00 $2,500.00 $31,332.18 $31,332.18 $1,540.17 $1,540.17 $6,058.00 a) $5,500.00 $11,558.00 b) $2,000.00 $2,000.00 $924.10 c) $2,500.00 $3,424.10 d) $1,200.00 $1,200.00 $400.44 $400.44 e) $3,200.00 $3,200.00 $43,422.51 $43,422.51 $14,400.00 $14,400.00 $55,466.05 $55,466.05 YUMMY CHIP COMPANY Balance Sheet December 31, 2020 Assets Current Assets Cash Accounts Receivable Prepaid Rent Supplies 3655.34 8549.54 583.93 1459.61 $ Property, Plant and Equipment Equipment Less: Total Property, Plant and Equipment 12,835 2,000 Total Assets Liabilities and Owner's Equity Current Liabilities Total Current Liabilities 1 Owner's Equity m 1 5 Total Liabilities and Owner's Equity in PART A: Prepare the closing entries for YUMMY CHIPS COMPANY - make sure to cell reference your account titles and amounts from the Adjusted Trial Balance (do not retype anything in your cells!!!) Account Name Debit Credit Revenues: 1 mark Expenses: Account Name Debit Credit 4 marks Income Summary: Account Name Debit Credit 2 marks Withdrawals: Account Name Debit Credit 2marks