Show Me How General Ledger Beacon Signals Company Excel maintains and repairs warning lights, such as those found on radio towers and lighthouses. Beacon Signals Company prepared the following end-of-period spreadsheet at December 31, 2019, the end of the fiscal year G B D Beacon Signals Company End-of-Period Spreadsheet For the Year Ended December 31, 2010 Unadjusted Trial Balance Adjustments Dr. Cr. Dr. Cr. Adjusted Trial Balance Dr. Cr. 6 Account Tide 8 Cash 9 Accounts Receive 10 Prepaid insurance 11 Supplies 12 Land 13 Bolding 14. Accum Der-Building 15 Equipment 16 Acum, Depr-Equipment 17 Accounts Payable 10 Salaries and Wages Payable 19 Uneamed Rent 20. Sarah Colin Catal 21 Sarah Colin Drawing 22 Fos Esmed 23 Ral Reve 24 Salaries and Wages Expense 25 Advertising Expen 26. Espere 27 Depr. Bp --Building 28 Repairs Expert 29 Dept. Exp.--Equipment 30 ingurance Expo 31 Supplies Expense 32 Misc Expre 13.000 13.000 40,500 a) 12.500 53.000 4,200 D) 3.000 1.200 3.000 19 2250 750 98.000 98,000 500,000 500,000 255,300 d) 9.000 264.300 121.000 121,900 100,100 (e) 4500 104.600 15.700 15,700 4,900 4.900 2.100 1300 800 238.100 238.100 10,000 10.000 388.700 (012,500 401 200 X 1,300 1300 163,100 4900 155.000 21,700 21.700 11.400 11.400 109.000 9.000 8.850 8.850 10 4.500 4.500 th) 3.000 3.000 0 2.250 2.250 4,350 4350 1.000.000 1.000.000 37650 1.000.000 1030.909 34 INSTRUCTIONS 1. Prepare an income statement for the year ended December 31. 2. Prepare a statement of owner's equity for the year ended December 31. No additional investments were made during the year. 3. Prepare a balance sheet as of December 31. ANSWER Check Figure: Total assets: $418,950 4. Based upon the end-of-period spreadsheet, journalize the closing entries. 5. Prepare a post-closing trial balance