Problem 5-05A a, b1-b3, c-e (Video) The trial balance of Blue Spruce Corp. contained the following accounts at November 30, the end of the company's fiscal year. Blue Spruce Corp. Trial Balance November 30, 2020 Credit Debit $ 8,500 28,500 42,500 6,100 131,000 $ 27,000 50,500 39,400 50,000 40,000 Cash Accounts Receivable Inventory Supplies Equipment Accumulated Depreciation Equipment Notes Payable Accounts Payable Common Stock Retained Earnings Dividends Sales Revenue Sales Returns and Allowances Cost of Goods Sold Salaries and Wages Expense Advertising Expense Utilities Expense Maintenance and Repairs Expense Freight-Out Rent Expense Totals 10,500 755,800 8,800 497,400 139,600 24,000 13,900 11,600 16,400 23,800 $962,700 $962,700 Adjustment data: 1. Supplies on hand totaled $2,500. 2. Depreciation is $14,000 on the equipment. 3. Interest of $4,000 is accrued on notes payable at November 30. 4. Inventory actually on hand is $41,800. Journalize the closing entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account til Debit Credit Date Account Titles and Explanation Nov. 30 (To close accounts with credit balances) Nov. 30 (To close accounts with debit balances) Nov. 30 (To cose net income / loss) Nov. 30 (To cose dividends) Prepare a post-closing trial balance. Blue Spruce Corp. Post-Closing Trial Balance Debit Credit Totals SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT LINK TO TEXT