Required information [The following information applies to the questions displayed below.) The following is the adjusted trial balance of Sierra Company. Account Title Cash Prepaid insurance Notes receivable (due in 5 years) Buildings Accumulated depreciation-Buildings Accounts payable Notes payable (due in 3 years) H. Sierra, Capital H. Sierra, Withdrawals Consulting revenue Wages expense Depreciation expense-Buildings Insurance expense Totals Debit Credit $ 5,000 500 4,000 20,000 $12,000 2,500 3,000 10,500 1,000 9,500 3,500 2,000 1,500 $37,500 $37,500 Check my work 8 Capri Company began the current period with a $20,000 credit balance in the K Capri Capital account. At the end of the period, the company's adjusted account balances include the following temporary accounts with normal balances 10 Service fees carnet Salaries expense Depreciation de 570,000 meterest revenue 38.000 kr. With 8,000 utilities 1. Acting the event and expects, what will be the balance of the income Summary count? Step 1: Close to become Summary Debat Required information [The following information applies to the questions displayed below.) The following is the adjusted trial balance of Sierra Company. Account Title Cash Prepaid insurance Notes receivable (due in 5 years) Buildings Accumulated depreciation-Buildings Accounts payable Notes payable (due in 3 years) H. Sierra, Capital H. Sierra, Withdrawals Consulting revenue Wages expense Depreciation expense-Buildings Insurance expense Totals Debit Credit $ 5,000 500 4,000 20,000 $12,000 2,500 3,000 10,500 1,000 9,500 3,500 2,000 1,500 $37,500 $37,500 Check my work 8 Capri Company began the current period with a $20,000 credit balance in the K Capri Capital account. At the end of the period, the company's adjusted account balances include the following temporary accounts with normal balances 10 Service fees carnet Salaries expense Depreciation de 570,000 meterest revenue 38.000 kr. With 8,000 utilities 1. Acting the event and expects, what will be the balance of the income Summary count? Step 1: Close to become Summary Debat