The adjusted trial balance for Sandhill Company, owned by D. Sandhill, are as follows: SANDHILL COMPANY Adjusted Trial Balance December 31, 2021 Adjusted Trial Balance Dr. Cr. Account No. 101 112 126 $4,500 11,600 1,700 700 27,200 157 158 200 212 230 301 Account Titles Cash Accounts receivable Supplies Prepaid insurance Equipment Accumulated depreciation-equipment Notes payable Accounts payable Salaries payable Interest payable D. Sandhill, capital D. Sandhill, drawings Service revenue Advertising expense Supplies expense Depreciation expense Insurance expense Salaries expense Interest expense Totals $5,500 13,800 5,600 3,400 480 14,200 306 8,200 60,400 610 711 722 726 905 8,100 3,300 5,500 4,300 27,800 480 $103,380 $103,380 Prepare closing entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts) Debit Credit Date Account Titles and Explanation Dec 31 (To close revenue accounts) Dec. 31 (To close expense accounts) Dec. 31 (Todose income summary account) Dec. 31 Use Taccounts to post the closing entries and calculate the balance in each account. Income Summary is account No. 350.gnore the accounts not affected by the closing entries.) (Post entries in the order of journal entries presented in the previous part. For balances ending in select bal for the date and O for the amount for the normal balance of the account.) Income Summary No. 350 D. Sandhill, Capital No. 301 D. Sandhill, Drawings Sauce Revenue Prepare a post-closing trial balance. (Do not list those accounts that have zero ending balance.) SANDHILL COMPANY Post-Closing Trial Balance Debit Credit Totals