Post the adjusting and closing entries to the ledger. Sherman Realty's April transactions have been entered into the ledger accounts for you (If more than one entry is required to post to an account, post the entres in the same order as the journal entries you prepared above. If the balance is zero after posting an entry, leave the balance columns blank. Do not enter a "0" For purposes of this problem, ignore posting references.) Review the adjusting and closing journal entries you prepared above Cash Account No. 111 Post. Balance Date Explanation Ref. Debit Credit Debit Credit 2013 Apr 14,000 14.000 3,600 10.400 900 9.500 6 6,500 16,000 8 25 15,975 15 550 15,425 3 000 124251 the icon to view the chart of accounts.) uired Work for April 4 900 6,500 9,500 16,000 8 25 15,975 15 550 15,425 20 3,000 12,425 21 8,000 22 20,425 20,335 90 24 450 19,885 30 550 19,335 30 200 19,135 Accounts Receivable Account No. 112 Post. Balance Date Explanation Ref. Debit Credit Debit Credit 2017 .Apr. 17 7,500 7,500 Prepaid Rent Account No. 114 Post. Balance Date Explanation Ref. Debit Credit Debit Credit 2017 Apr 3.600 3,600 (Click the icon to view the chart of accounts.) (Click the icon to view the worksheet for April.) Required Work for April Office Supplies Account No. 115 Post. Balance Date Explanation Ref. Debit Credit Debit Credit 2018 Apr. 4 900 900 5 450 1,350 Office Equipment Account No. 121 Post. Balance Date Explanation Ref. Debit Credit Debit Credit 2017 Apr. 9,000 9,000 Accum. Depreciation, Office Equipment Account No. 122 Post. Balance Date Explanation Ref. Debit Credit Debit Credit 201X Apr. Automobile Account No. 123 Post. Balance Date Explanation Ref. Debit Credit Debit Credit 2018 Apr 14.000 14.000 Required Work for April Chart of accounts.) Accum. Depreciation, Automobile Account No. 124 Post. Balance Date Explanation Ref. Debit Credit Debit Credit 2017 Apr Accounts Payable Account No. 211 Post Balance Date Explanation Ref. Debit Credit Debit Credit 2017 Apr. 1 14,000 14.000 5 450 14 450 700 15.150 the worksheet for April.) (Click the icon to view the chart of accounts.) Required Work for April Jacob Sherman, Capital Account No. 311 Post. Balance Date Explanation Ref. Debit Credit Debit Credit 2018 Apr. 23,000 23,000 Jacob Sherman, Withdrawals Account No. 312 Post. Balance Date Explanation Ref. Debit Credit Debit Credit 2018 Apr 20 3.000 3,000 Income Summary Account No. 313 Post. Balance Date Explanation Ref. Debit Credit Debit Credit 2018 Apr Commissions Earned Account No. 411 Post. Balance Date Explanation Ref. Debit Credit Debit Credit 2017 Required work for April Commissions Earned Account No. 411 Post. Balance Date Explanation Ref. Debit Credit Debit Credit 2018 Apr. 6 CO 6,500 6,500 17 7,500 14,000 21 8,000 22,000 Rent Expense Account No. 511 Post. Balance Date Explanation Ref. Debit Credit Debit Credit Work for Apnl Rent Expense Account No. 511 Post. Balance Date Explanation Ref. Debit Credit Debit Credit 2017 Apr. Account No. 512 Salaries Expense Post. Explanation Ref. Balance Date Deblo Credit Debit Credit 2018 Apr 15 550 550 30 550 1.100 Gas Expense Account No. 513 Post. Balance Date Explanation Ref. Debit Credit Debit Credit 2017 Apr 8 25 25 22 90 115 Repairs Expense Account No. 514 Post. Balance Date Explanation Ref. Debit Credit Debit Credit 2017 24 450 450 Required Work for April Account No. 515 Telephone Expense Post. Balance Date Explanation Rel. Debit Credit Debit Credit 201X 200 200 Advertising Expense Account No. 516 Post Balance Date Explanation Ret Debit Credit Debit Credit 2013 Apr 700 700 for April.) (Click the icon to view the chart of accounts.) Required Work for April Office Supplies Expense Account No. 517 Post. Balance Date Explanation Ref. Debit Credit Debit Credit 2017 Apr. Depreciation Expense, Office Equipment Account No. 518 Post. Balance Date Explanation Ref. Debit Credit Debit Credit 2017 Apr Depreciation Expense, Automobile Account No. 519 Post. Balance Date Explanation Ref. Debit Credit Debit Credit 2018 Apr. Adjusting Journal Entries Date Account Titles PR Dr. 201X Cr. Apr. 900 900 Apr. 1,200 1,200 Apr. 30 Rent Expense Prepaid Rent 30 Office Supplies Expense Office Supplies 30 Dep. Expense, Office Equipment Acc. Dep., Office Equipment 30 Dep. Expense, Automobile Acc. Dep., Automobile Closing Journal Entries Account Titles PR 170 170 Apr. 300 300 Date Dr. Cr. 30V Closing Journal Entries Date Account Titles PR Dr. Cr. 2018 Apr. 22,000 22,000 Apr. 5,135 1,100 30 Commissions Earned Income Summary 30 Income Summary Salaries Expense Gas Expense Repairs Expense Telephone Expense Advertising Expense Rent Expense Office Supplies Expense 115 450 200 700 900 1.200 Den Expense Office Fouinment 170 Apr 5,135 1,100 115 450 200 700 30 Income Summary Salaries Expense Gas Expense Repairs Expense Telephone Expense Advertising Expense Rent Expense Office Supplies Expense Dep. Expense, Office Equipment Dep. Expense, Automobile 30 Income Summary Jacob Sherman, Capital 30 Jacob Sherman, Capital Jacob Sherman, Withdrawals 900 1,200 170 300 Apr. 16.865 16.865 Apr. 3,000 3.000 Trial Balance Adjustments Adjusted Trial Balance Income Statement Balance Sheet Account Titles Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit Cash 19.135 7,500 19 135 7500 19,135 7,500 3,600 a 900 2.700 2.700 1.350 b 1.200 150 150 9.000 9.000 14.000 9,000 14.000 Accounts Receivable Prepaid Rent Office Supplies Office Equipment Automobile Accounts Payable Jacob Sherman Capital Jacob Sherman Withdrawals Commissions Earned Salanes Expense Gas Expense 14.000 15.150 15,150 23.000 23.000 15.150 23 000 3.000 3.000 3.000 22.000 22 000 22.000 1 100 1.100 1.100 115 115 1151 Daniyal Khan AL-LUC 10:-:--:. Question 2, Mini PS Part HW Score: 73.69%, 51.58 of 70 points Reference 115 115 115 Gas Expense Repairs Expense Telephone Expense 450 450 450 200 700 200 200 Advertising Expense 700 700 Totals 60.150 60.150 a 900 900 900 b 1.200 1.200 1.200 170 Rent Expense Office Supplies Expense Dep Expense Office Equip Acc Dep.. Office Equip Dep Expense, Automobile Acc Dep. Automobile 170 170 170 170 170 d 3001 300 300 d 300 300 300 Totals 2.570 2.570 60,620 60 620 22 000 55.485 5.1351 16.865 38 620 16 865 Net income 22.000 22 000 55.4851 55.485 Daniyal Khan & Question 2, Mini PS Part. HW Score: 73.69%, 51.58 of 70 points Reference 450 450 450 Repairs Expense Telephone Expense Advertising Expense 200 700 200 200 700 700 Totals 60.150 60.150 . 900 900 b b. 1.200 1.200 1.200 Rent Expense Office Supplies Expense Dep Expense Office Equip Acc Dep Office Equip Dep Expense. Automobile C 170 170 170 C 170 170 170 d 300 300 300 Acc Dep Automobile d 300 300 300 Totals 2.570 2.570 60,620 60,620 22.000 55.485 5 135 16.865 Net income 38 620 16 865h Totais 22.000 22 000 55 485 55 485