Title Debit Credit $ 40,000 4,000 6,500 46.000 Cash Supplies Prepaid insurance Equipment Accumulated depreciation, equipment Unearned revenue Nick Stilz, capital Nick Stilz, withdrawals $ 13,000 4,000 110,100 43,000 131,000 4,000 Ticket revenue Depreciation expense, equipment Insurance expense Rent expense Salaries expense Supplies expense 3,000 61,000 42,000 8,600 Totals $258.100 $258.100 No. Nick Stilz's capital account of $110,100 will not show up on the balance sheet as at December 31, 2020. The capital amount reported on the adjusted trial balance represents the beginning balance of Nick Stilz's capital account. After the closing entries are prepare and posted, the ending capital balance will be reported on the balance sheet as at December 31, 2020