Sunland Company ended its fiscal year on July 31, 2022. The company's adjusted trial balance as of the end of its fiscal year is as follows. No. 101 201 112 Accounts Receivable 301 157 Equipment 158 Accumulated Depreciation-Equipment Accounts Payable Owner's Capital Owner's Drawings 306 400 711 726 Cash 732 (a) Sunland Company Adjusted Trial Balance July 31, 2022 Account Titles Service Revenue Depreciation Expense Salaries and Wages Expense Utilities Expense Debit $10,200 8,700 16,400 16,400 8,400 56,500 14,600 Credit $8,000 4,600 54,800 63,800 $131,200 $131,200 Prepare the closing entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Sunland Company ended its fiscal year on July 31, 2022 The company's adjusted trial balance as of the end of its fiscal year is as follows. (a) Prepare the closing entries. (Credit account titles are outomatically indented when amount is entered. Do not indent manually) Your answer is partially correct. Prepare the closing entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually)