Sandhill Company Adjusted Trial Balance July 31, 2020 Account Titles Debit Credit No. 101 Cash 112 Accounts Receivable 157 Equipment 158 Accumulated Depreciation-Equip. 201 Accounts Payable 208 Unearned Rent Revenue 301 Owner's Capital 306 Owner's Drawings 400 Service Revenue 429 Rent Revenue 711 Depreciation Expense 726 Salaries and Wages Expense 732 Utilities Expense $8,000 9,100 15,800 $7,300 4,700 2,400 42,800 15,900 64,000 6,900 8,900 55,800 14,600 r $128,100 $128,100 Date Account Titles and Explanation Debit Credit July 31 (To close revenue accounts) July 31 (To close expense accounts) July 31 (To close net income / (loss)) July 31 (To close drawings)