Squeaky Window Cleaning Co. has a fiscal year that begins on September 1. On August 30,

2020, an adjusted trial balance was prepared from the ledger.

A. Prepare the financial statements (30 pts)

B. Journalize the closing entries. (12 pts)

C. Prepare the post-closing trial balance for Squeaky Window Cleaning Co.

(8 pts)

Squeaky Window Cleaning Co

Adjusted Trial Balance

For year ended August 30, 2022

Debit Credit

Cash $20,430

Accounts Receivable 21,900

Office Supplies 14,920

Prepaid Rent 27,000

Equipment 165,000

Accumulated Depreciation $11,100

Accounts Payable 5,200

Utilities Payable 5,875

Unearned Revenue 6,000

Interest Payable 150

Notes Payable 20,000

John Doe, capital 260,000

John Doe, withdrawal 40,510

Service Revenue 94,600

Rent Revenue 18,200

Wages Expense 58,200

Supplies Expense 18,480

Rent Expense 12,000

Electricity Expense 12,470

Telephone Expense 15,495

Depreciation Expense 11,100

Interest Expense 150

Miscellaneous Expense 3,470

Total $421,125 $421,125