Rainmaker Environmental Consultants is just finishing its second year of operations. The company's unadjusted trial balance at October 31, 2020, follows: RAINMAKER ENVIRONMENTAL CONSULTANTS Unadjusted Trial Balance October 31, 2020 Acct.No. Account Debit Credit 101 Cash $ 25,300 106 Accounts receivable 66,000 109 Interest receivable 0 111 Notes receivable 55,000 126 Supplies 4,600 128 Prepaid insurance 2,210 131 Prepaid rent 24,900 161 Office furniture 93,000 162 Accumulated depreciation, office furniture $ 31,000 201 Accounts payable 17,300 210 Wages payable 0 233 Unearned consulting revenue 24,600 301 Jeff Moore, capital 231,580 302 Jeff Moore, withdrawals 27,300 401 Consulting revenue 237,020 409 Interest income 410 601 Depreciation expense, office furniture 0 622 Wages expense 197,000 637 Insurance expense 0 640 Rent expense 40,500 650 Supplies expense 6,100 Totals $ 541,910 $ 541,910

Required 1. Prepare closing entries. Journal entry worksheet Record closing of revenue to the income summary. Note: Enter debits before credits. 2. Prepare the post-closing trial balance at December 31,2020