SHERIDAN COMPANY Adjusted Trial Balance August 31, 2021 Account Titles Debit Credit Cash $10,700 Accounts receivable 6,600 10,000 $5,700 3,800 Equipment Accumulated depreciation-equipment Accounts payable Unearned revenue S. Strong, capital S. Strong, drawings Service revenue 1,100 35,300 13,100 36,500 Rent revenue 6,900 S. Strong, drawings 13,100 Service revenue 36,500 6,900 Rent revenue Depreciation expense Salaries expense Utilities expense 1,700 37,600 9,600 $89,300 $89,300 Prepare the closing entries. (Credit account titles are automatically indented when amount is entered. Do not indent no 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 36,500 - o of 4 e closing entries. (Credit Ucountes are automatically indented when amount is eritered. Do not identmo equired, select "No Entry for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit Service Revenue 36,500 Rent Revenue 6,900 Income Summary > 43,400 close revenue accounts) Income Summary > 36,600 Utilities Expense 9,600 (To close expense accounts) Aug. 31 Income Summary > (To close income summary) Aug. 31 S. Strong. Capital SHERIDAN COMPANY Post-Closing Trial Balance Debit Credit $ > >