Sheridan Company ended its fiscal year on July 31, 2020. The company's adjusted trial balance as of the end of its fiscal year is as follows. No. Credit 101 112 157 158 201 Sheridan Company Adjusted Trial Balance July 31, 2020 Account Titles Debit Cash $8.900 Accounts Receivable 9,400 Equipment 16,000 Accumulated Depreciation-Equip. Accounts Payable Unearned Rent Revenue Owner's Capital Owner's Drawings 16.100 Service Revenue Rent Revenue Depreciation Expense 8,700 Salaries and Wages Expense 56,500 Utilities Expense 15.100 $130,700 208 $7,300 4.800 2,300 46,600 301 306 400 429 711 63,700 6,000 726 732 $130,700 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)