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Question 4 of 5 0.32/4 3 View Policies Show Attempt History Current Attempt in Progress Cullumber Company ended its fiscal year on July 31, 2022.

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Question 4 of 5 0.32/4 3 View Policies Show Attempt History Current Attempt in Progress Cullumber Company ended its fiscal year on July 31, 2022. The company's adjusted trial balance as of the end of its fiscal year is as follows Cullumber Company Adjusted Trial Balance July 31, 2022 Account Titles No. Debit Credit 101 Cash $10.200 112 Accounts Receivable 9.100 157 Equipment 16,200 158 Accumulated Depreciation Equip 57.600 201 4.400 Accounts Payable Question 4 of 5 0.3274 E III ** 208 Unearned Rent Revenue 1.600 301 Owner's Capital 47.900 306 Owner's Drawings Service Revenue 16,200 400 64.300 429 Rent Revenue 6,700 VI Depreciation Expense Salaries and Wages Expense 9,200 926 56,300 732 Utilities Expense 15,300 $132.500 $132.500 (a) Question 4 of 5 0.32/4 Your answer is partially correct Prepare the closing entries. (Credit account titles are automatically indented when amount is entered. Do not indet manually. If no entry is required, select "No Entry for the account titles and enter for the amounts) Date Account Titles and Explanation Debit Credit July 31 Service Rene 54300 Rent Revenu 6700 Une med Service Revenue (To close revenue accounts) July 31 0D 24 AM S02 Question of 0.32/4 (Todose expense accounts) July 31 (To close net income / (loss)) July 31 To close drawings) e Textbook and Media AD S6/2012 hy Practice: Chapter 4 4105490514.co/ Question 4 of 5 x your answers in rect. 0.3214 : Post to Owner's Capital and income Summary accounts. Post entries in the order of journal entries printed in the previous port Enter negative amountsuselthera negative in preceding the numbers-5 portes (450 Date Explanation Owner's Capital Debit No. 301 Credit Halance July 31 July 31 July 31 Income Summary No. 350 Date Explanation Debit Credit Balance Question 4 of 5 0.3214 : Income Summary Date Explanation No. 350 Debit Credit July 31 Balance July 31 July 31 e Textbook and Media List of Accounts Sovete Late Attempts unlimited SAW (c) AM WW2 KO AN Question 4 of 0.3214 CULLUMBER COMPANY Post Closing Trial Balance Debit Credit MAM Question 4 of 5 0.32/4 1 Totals e Textbook and Media List of Accounts for at Attempts unlimited Site AM SOOD OY

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