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Q2. Below is the adjusted trial balance of Salinas Trailer Rental as of June 30,2014. 1. Prepare the closing journal entries to close revenue 2.

image text in transcribed Q2. Below is the adjusted trial balance of Salinas Trailer Rental as of June 30,2014. 1. Prepare the closing journal entries to close revenue 2. Prepare the closing journal enteries to close expenses. 3. Prepare the closing journal enteries to close withdrawals. 4. What is the value of net income/loss of Salinas Co as of June 30,2014

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