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Question 4 of 4 The adjusted trial balance for Sunland Company is presented below, SUNLAND COMPANY Adjusted Trial Balance August 31, 2021 Account Titles Debit

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Question 4 of 4 The adjusted trial balance for Sunland Company is presented below, SUNLAND COMPANY Adjusted Trial Balance August 31, 2021 Account Titles Debit Credit Cash $ 11,900 Accounts receivable 6,700 11,000 $5,200 Equipment Accumulated depreciation-equipment Accounts payable Unearned revenue 3,500 1,300 S. Strong, capital 37,300 S. Strong, drawings 13,200 Service revenue 37,700 Rent revenue 6,700 Depreciation expense 1,900 Question 4 of 4 S. Strong, drawings 13,200 Service revenue 37.700 Rent revenue 6,700 1,900 Depreciation expense Salaries expense Utilities expense 35.900 11,100 $ 91,700 $ 91,700 Your answer is partially correct. Prepare the closing entries. (Credit account titles are automatically indented when amount is entered. Do not indent me entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Aug. 31 Service Revenue 37700 hitries. (Credit account tities are automatically indented when amount is entered. Do not indent more entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Aug. 31 Service Revenue 37700 Rent Revenue 6700 Income Summary 44400 (To close revenue accounts) Aug. 31 Income Summary 48900 Salaries Expense 35900 Utilities Expense 11100 Depreciation Expense 1900 (To close expense accounts) Utilities Expense 11100 Depreciation Expense 1900 (To close expense accounts) Aug. 31 Income Summary 4500 M S. Strong. Capital 4500 (To close income summary) . 4 Aug. 31 S. Strong. Capital 13200 - S. Strong, Drawings 13200 | (To close drawings account) * Your answer is incorrect. Prepare Taccounts for the accounts affected by the closing entries. Post the closing entries. (Post entries in the order of journal entries presented in the previous part.) Income Summary II S. Strong. Capital RE DO LD 290 ID S. Strong, Drawings Service Revenue Rent Revenue us 10 INTE Salaries Expense Salaries Expense I. 11 Utilities Expense e Textbook and Media Prepare a post-closing trial balance at August 31, 2021. (List only those accounts that have an ending balance.) SUNLAND COMPANY Post-Closing Trial Balance Debit Credit Cash $ 11900 Accounts Receivable Equipment Accounts Payable Unearned Revenue TO UUTI S. Strong. Capital S. Strong, Drawings Accounts Receivable Equipment Accounts Payable

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