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Question 12 5 points The following adjusted trial balance contains the accounts and balances of Ahmed Company as of December 31, 2019, the end of

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Question 12 5 points The following adjusted trial balance contains the accounts and balances of Ahmed Company as of December 31, 2019, the end of its fiscal year. Debit Credit (Amounts) (Amounts) Cash 3.500 Supplies 4,500 Prepaid rent 6200 Furniture 3.800 Equipment 15,000 Accumulated depreciation Equipment 3,000 Unearned service revenue 3,400 Ahmed, Capital 22,000 Ahmed, Withdrawals 3.100 Services revenue 19,700 Interest revenue 1.500 Depreciation expense-Equipment 3.300 Wages expense 4,000 Utility expense 1,700 Rent expense 4.500 TOTAL 49.600 REQUIRED:- 49,600 - A) Prepare the closing entries for Ahmed Company as on December 31, 2019. (3 marks) B) Calculate the amount of closing capital to be reported in the closing trial balance as on December 31st, 2019. (1 mark) Note: Closing Trial Balance is not required C) What is the difference between permanent and temporary accounts presented in an adjusted trial balance before closing entries? (1 mark) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). TTTT Paragraph : Arial 3 (12pt) XDOQUIS T'T. MacBook Pro

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