Realize The Closing Entries of the following worksheet.

Unadjusted trial balance Debit Credit 63855.52 Debit 4200 Adjustment Adjusted Trial Balance Income statement Credit Debit Credit Debit Credit 1559.04 62296.48 4500 4500.00 4200.00 550.00 15000.00 2500 2500 1359.04 200 0 Balance sheet Debit Credit 62296.48 4500.00 4200.00 550.00 15000.00 2500 200 550 15000 1559.04 0 200 200 200 47750 47750 35000 47750 39500 4500 39500 22060 22060 22060 0 Account title Cash Account Receivable prepaid Expenses Office furniture & equiptment Land Building and Improvement Accumulated Depreciation Taxes payable Interest Payable Retained Capital Owner withdrawal Capital ontribution Cash Crop sales Proceeds from Government Programs Gain (Loss) Capital Sales wages expenses Payroll Tax expenses Insurance for Hired labour Growing Material Packing Material Desinfectants Insurance Electricity Water Communications Office supplies Depreciation expenses general Administrative Expenses Interest expenses Extraordinary Gain and Loss Total Net income Total 7680 971.52 0 2950 860 0 0 800 725 1980 285 7680 7680 971.52 971.52 0 0 2950 2950 860 860 0 0 0 0 0 0 800 800 725 725 1980 1980 285 285 2500 2500 5165 1347 1347 0 8559.04 112010.00 112010.00 25263.52 61560.00 86746.48 50450.00 36296.48 36296.48 86746.48 86746.48 0 2500 51651 5165 1347 0 106369.04 106369.04 8559.04 Net income 36296.48