Suppose that your roomate a political science major asks you to help her purchase a new laptop computer. she wants to use the computer for email internet access and note taking in class. she wants to spend less than $1000

(b) Prepare a post-closing trial balance. E4-8 Okabe Company ended its fiscal year on July 31, 2017. The company's adjusted trial balance as of the end of its fiscal year is shown below. OKABE COMPANY Adjusted Trial Balance July 31, 2017 Credit $ No. 101 112 157 158 201 208 Debit 9,840 8,780 15,900 Account Titles Cash Accounts Receivable Equipment Accumulated Depreciation-Equip. Accounts Payable Unearned Rent Revenue Owner's Capital Owner's Drawings Service Revenue Rent Revenue Depreciation Expense Salaries and Wages Expense Utilities Expense 7,400 4.220 1,800 45,200 301 16,000 64,000 6,500 306 400 429 711 726 8,000 55,700 14,900 $129,120 732 $129,120 1,900 460 Salaries and Wages Miscellaneous Expense Supplies Expense Salaries and Wages Payable $12,062 $12,062 ctions pare closing entries at June 30, 2017. pare a post-closing trial balance. Okabe Company ended its fiscal year on July 31, 2017. The company's adjusted tria e as of the end of its fiscal year is shown below. Credit No. 101 112 157 $ 158 201 OKABE COMPANY Adjusted Trial Balance July 31, 2017 Debit Account Titles $ 9,840 Cash 8,780 Accounts Receivable Equipment 15,900 Accumulated Depreciation Equip. Accounts Payable Unearned Rent Revenue Owner's Capital Owner's Drawings 16,000 Service Revenue Rent Revenue Depreciation Expense 8,000 Salaries and Wages Expense 55,700 Utilities Expense 14,900 $129,120 7,400 4,220 1,800 45,200 208 301 306 400 429 711 726 732 64,000 6,500 $129,120 structions Prepare the closing entries using page J15. Post to Owner's Capital and No. 350 Income Summary accounts. (Use the three-co. form.) Prepare a post-closing trial balance at July 31