The adjusted trial balance of Sully Sign Company follows EEB (Click the icon to view the adjusted trial balance.) 1. Assume Sully Sign Company has a January 31 year-end Journalize Sully's closing entries at January 31 2. How much net income or net loss did Sully Sign Company earn for the year ended January 31? How can you tel? Data Table Requirement 1.Assume Sully Sign Company has a January 31 year-end. Journalize Sully's closing entries at January 31. (Record debits first, then credits. Select statement and the Income Summary or the Retained Earnings account, if applicable.) do not al First, close revenues Sully Sign Company Adjusted Trial Balance January 31, 2018 Date Accounts and Explanation Debit Credit 31 service revenue 16,900 income summary 16,900 Account Title Debit Office Supplies Prepaid Rent Equipment $14,200 1,900 700 45,000 To ciose revenue. Next, close the expense a ccounts. 5 6,800 4.700 600 4 300 4500 31.450 Date Accounts and Explanation Debit Accounts Payable Salaries Payable Unearned Revenue Notes Payable (long-term) Common Stock Jan. 31 income summary 850 Service Revenue Salaries Expense Rent Expense 16,900 3,900 1,300 400 300 700 Supplies Expense Utilities Expense S 69,250 S 69,250 Choose from any list or enter any number in the input fields and then click Check