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Problem 1 18 marks; 10 minutes) - Stark Co. adjusted trial balance on November 30, 2021, appears as follows: Stark Co. Trial Balance November 30,
Problem 1 18 marks; 10 minutes) - Stark Co. adjusted trial balance on November 30, 2021, appears as follows: Stark Co. Trial Balance November 30, 2021 Accounts Debit Credit Cash $15,000 Accounts receivable 20,000 Office supplies 14,300 18,600 Office equipment Notes payable 50,000 Eddard, capital 10,000 Eddard, withdrawals 5,000 Service Revenue 76,000 Salary expense 22,500 Rent expense 31,200 Depreciation expense, office equipment 3,000 Advertising expense 6,400 Total $136,000 $136,000 Required Prepare closing entries on the general journal paper provided
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