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The adjusted trial balance columns of the worksheet for Ivanhoe Company are as follows. IVANHOE COMPANY Worksheet (partial) For the Month Ended April 30, 2020

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The adjusted trial balance columns of the worksheet for Ivanhoe Company are as follows. IVANHOE COMPANY Worksheet (partial) For the Month Ended April 30, 2020 Adjusted Trial Balance Account Titles Dr. Cr. Cash 10.900 Accounts Receivable 8.200 Prepaid Rent 2.100 Equipment 22.700 5.400 5.700 4.800 27.930 3.300 Accumulated Depreciation-Equip. Notes Payable Accounts Payable Owner's Capital Owner's Drawings Service Revenue Salaries and Wages Expense Rent Expense Depreciation Expense Interest Expense 15,800 10.900 800 730 60 Interest Payable 60 Totals 59,690 59,690 Journalize the closing entries at April 30. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit Credit 1. Apr. 30 (To close revenue account) 2. Apr. 30 (To close expense accounts) 3. Apr. 30 (To close net income / (loss)) 4. Apr. 30 (To close drawings) List of Accounts Save for Later Attempts: 0 of 1 used Submit Answer (b) Post the closing entries. (Post entries in the order of journal entries posted in the previous part of the question.) Income Summary Owner's Capital > Prepare a post-closing trial balance at April 30. IVANHOE COMPANY Post-Closing Trial Balance Debit Credit $ $ Totals $ $

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