Prongnorn Company Adjusted Trial Balance July 31, 2019 No. Account Titles Debit Credit 101 Cash $8,700 112 Accounts Receivable 8,900 157 Equipment 16,300 158 Accumulated Depreciation-Equip. $7,000 4,100 201 Accounts Payable 208 Unearned Rent Revenue 1,900 311 Common Stock 20,200 320 Retained Earnings 25,600 332 Dividends 15,000 400 Service Revenue 63,500 429 Rent Revenue 6.700 711 Depreciation Expense 8,800 726 Salaries and Wages Expense 55,800 732 Utilities Expense 15,500 $129,000 $129.000 July 31 Service Revenue 63,500 Rent Revenue 6,700 Income Summary 70,200 (To close revenue accounts) July 31 Income Summary Depreciation Expense 8,800 Salaries and Wages Expense 55,800 Utilities Expense 15,500 (To close expense accounts) July 31 Retained Earnings Income Summary (To dose net income / (loss)) July 31 Retained Earnings Dividends Post to the Retained Earnings and Income Summary accounts. (Post entries in the order of Journal entries presented in the previous part Enter negative amounts using either a negative sign preceding the number eg. -45 or parentheses es. (45).) Retained Earnings No. 320 Date Explanation Ref Debit Credit Balance July 31 July 31 July 31 Income Summary No. 350 Date Explanation Ref Debit Credit Balance July 31 July 31 July 31 Pronghorn Company Post-Closing Trial Balance July 31, 2019 Debit Credit Cash Accounts Receivable Equipment Accumulated Depreciation Equipment Accounts Payable Unearned Rent Revenue Common Stock Retained Earnings Totals