The following adjusted trial balance contains the necounts and balances of Aloned Company is of December 31, 2019, the finally Debic Credit (Amount) (Amounts) Canh 3.000 Supplies 5.000 Prepaid rent 2,000 Furniture 4.000 Equipment 11,000 Accumulated depreciation 2,000 Equipment Unearned service revenue 5,400 Ahmed, Capital 19,000 Ahmed, Withdrawals 3,100 Services revenue 19,800 Interest revenue 1,350 Depreciation expense 1,300 Equipment Wages expense 10.500 Utility expense 1,200 Rent expense 47.550 47,550 TOTAL 6,450 REQUIRED: - A) Prepare the closing entries for Ahmed Company as on December 31, 2019. (4 marks) B) Calculate the amount of closing capital to be reported in the closing trial balance as on December 31st, 2019. (1 mark) Note: Closing Balance is not required Wages expense Utility expense Rent expense TOTAL 10,500 1,200 6,450 47550 47.550 REQUIRED: A) Prepare the closing entries for Ahmed Company as on December 31, 2019. (4 marks) B) Calculate the amount of closing capital to be reported in the closing trial balance as on December 31, 2019. (1 mark) Note: Closing Trial Balance is not required. C) What are the permanant accounts? Why permanant accounts do not need to be closed at the end of the accounting period? (2 marka) T. Av XO !!! x *, & T The > 11 12 BD +]