The adjusted trial balance of Smith Sign Company follows: (Click the icon to view the adjusted trial balance.) Requirements 1. Assume Smith Sign Company has a January 31 year-end. Journalize Smith's closing entries at January 31. 2. How much net income or net loss did Smith Sign Company earn for the year ended January 31? How can you tell? Requirement 1. Assume Smith Sign Company has a January 31 year-end. Journalize Smith's closing entries at Janua entry table.) First, we will close the Service Revenue account. Data table Account Title Cash Office Supplies Date Jan. 31 Accounts and Explanation Debit Credit Etext pages Calculator Ask my instructor Balance Debit Credit 14,900 2,700 Prepaid Rent 1,300 Equipment 53,000 Accumulated Depreciation-Equipment 6,500 Accounts Payable 4,200 Salaries Payable 800 Unearned Revenue 5,000 Notes Payable (long-term) 4,300 Smith, Capital 40,000 Smith, Withdrawals 800 Service Revenue 17,900 Salaries Expense 3,300 Rent Expense 1,200 Depreciation Expense-Equipment 300 Supplies Expense 400 800 Utilities Expense 78,700 $ 78,700 Total Print Done