This is a partial adjusted trial balance of Ivanhoe Company.

IVANHOE COMPANY

Adjusted Trial Balance

January 31, 2022

Debit Credit

Supplies $950

Prepaid Insurance 1,560

Salaries and Wages Payable $1,050

Unearned Service Revenue 710

Supplies Expense 920

Insurance Expense 520

Salaries and Wages Expense 1,640

Service Revenue 4,040

Prepare the closing entries at January 31, 2022. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

Date Account Titles and Explanation Debit Credit

Jan. 31 enter an account title

enter a debit amount

enter a credit amount

(to close revenue account)

Jan.31 enter an account title

enter a debit amount

enter a credit amount

enter a credit amount

enter a credit amount

Jan. 31

enter an account title to close expense accounts

enter a debit amount

enter a credit amount

enter an account title to close expense accounts

enter a debit amount

enter a credit amount

enter an account title to close expense accounts

enter a debit amount

enter a credit amount

enter an account title to close expense accounts

enter a debit amount

enter a credit amount

(To close expense accounts)

Jan. 31

enter an account title to close net income / (loss)

enter a debit amount

enter a credit amount

enter an account title to close net income / (loss)

enter a debit amount

enter a credit amount

(To close net income / (loss))