SKYSONG Balance Sheet November 30, 2022 Assets Current Assets Cash 8037 Accounts Receivable 2392 Inventory 8156 Supplies 3680 Total Current Assets 22265 ets Property, plant and Equipment 69000 | Equipment Less . Taccumulated Depreciation-Equipment 2875 T Total Property, Plant and Equipment 66125 T Total Assets 88390 Liabilities and Stockholders' Equity Current Liabilities Accounts Payable 16330 Unearned Service Revenue 1495 Salaries and Wages Payable 1150 Total Current Liabilities 18975 Stockholders' Equity | Common Stock 46000 Retained Earnings 23415 Total Stockholders' Equity 69415 Total Liabilities and Stockholders' Equity 88390 Journalize the closing entries. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Date Account Titles and Explanation Debit Credit Nov. 30 (To close revenue accounts and other accounts with credit balances.) Nov. 30 (To close expense accounts and other accounts with debit balances.) Nov. 30 (To close income summary.) Post the closing entries. (Post entries in the order of journal entries presented above. For accounts that have a zero balance select "11/30 Bal." from the list and enter o for the amount.) 11/1 Bal. 11/10 11/19 11/22 11/29 8,165 17,356 6,900 862 2,990 11/30 Bal. 4,370 12,650 11/1 Bal. 11/12 11/29 11/30 Bal. 11/11 9,200 690 354 11/30 Bal. 2,208 11/1 Bal. 11/27 Cash 20,700 11/8 4,370 11/20 12,397 11/28 5,290 11/29 1,553 11/29 8,037 Accounts Receivable 5,152 11/10 12,650 11/19 1,610 2,392 Inventory 18,400 11/12 11/15 11/20 8,156 Supplies 1,978 Adj. 3,910 3,680 Equipment 57,500 11,500 69,000 Accumulated Depreciation-Equipment 11/1 Bal. Adj. 11/30 Bal. Accounts Payable 690 11/1 Bal. 17,710 11/11 6,900 11/25 11/27 11/30 Bal. Unearned Service Revenue 9,258 11/1 Bal. 11/29 (11/30 Bal. 11/30 Bal. 11/1 Bal. 11/25 11/30 Bal. 2,300 575 2,875 11/15 11/20 11/28 7,820 18,400 11,500 3,910 16,330 Adj. 9,200 1,553 1,495 Adj. 9,200 1,553 1,495 11/8 Unearned Service Revenue 9,258 11/1 Bal. 11/29 11/30 Bal. Salaries and Wages Payable 3,910 11/1 Bal. Adj. 11/30 Bal. Common Stock 11/1 Bal. 11/30 Bal. Retained Earnings 3,910 1,150 1,150 46,000 46,000 11/1 Bal. 16,100 Service Revenue 11/22 5,290 11/29 1,610 Adj. 9,258 Depreciation Expense Adj. 575 Supplies Expense Adj. 2,208 Salaries and Wages Expense 11/8 4,255 11/29 2,990 Adj. 1,150 Rent Expense 11/29 862 Sales Revenue 11/12 12,650 Cost of Goods Sold 9,200 11/12 Sales Discounts 11/19 253 Income Summary
