Sheridan Company ended its fiscal year on July 31, 2020. The companys adjusted trial balance as of the end of its fiscal year is as follows.

Sheridan Company Adjusted Trial Balance July 31, 2020
No.		Account Titles		Debit		Credit
101		Cash		$8,100
112		Accounts Receivable		8,900
157		Equipment		15,800
158		Accumulated DepreciationEquip.				$7,200
201		Accounts Payable				4,800
208		Unearned Rent Revenue				1,900
301		Owners Capital				44,900
306		Owners Drawings		16,400
400		Service Revenue				64,900
429		Rent Revenue				6,400
711		Depreciation Expense		9,200
726		Salaries and Wages Expense		56,600
732		Utilities Expense		15,100
				$130,100		$130,100

Post to Owners Capital and Income Summary accounts. (Post entries in the order of journal entries presented in the previous part. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

Sevid Company ended its fiscal year on July 31, 2020. The company's sted til borce of the end of its wat Sheridan Company Adjusted Trial Balance July 31, 2020 No Account Titles Debit Credit 101 Cash $8.100 8.900 15,800 112 157 158 201 208 Accounts Receivable Equipment Accumulated Depreciation-Equip Accounts Payable Unearned Rent Revenue $7.200 4.800 1.900 301 Owner's Capital 44,900 16,400 306 400 Owner's Drawings Service Revenue 84,900 429 Rent Revenue 9.200 711 726 732 Depreciation Expense Salaries and Wages Expense Utilities Expense 56.600 15.100 5130100 230.00 Prepare the douing entries. (Credit accountitles are automatically indented when amounts entered. Do not inden man Date Account Titles and Explanation WN 31 Service Revente Todose revenue accounts) Todose expense accounts) Pust to Owner's Capital and Income Summary accounts. (Post entries in the order of journal entries presented in the previous part. Enter netve amounts using either a native sign preceding the numbers -45 or parenthesese..(45) No. 301 Owner's Capital Debit Date Explanation Credit Balance July 31 July 31 July 31 Income Summary No. 350 Date Explanation Debit Credit Balance July 31 July 31 July 31 eTextbook and Media