U4A4 - Closing Entries & Post-Closing Trial Balance - Template.xlsx?_&d2lSessionVal=C5IVtdWerlBNRIOSGIBtATQbN&ou=21713568 File Edit Insert Format Help Download a Share AGaramond 12 BIUSA- fx Jane Doe Company B DI F G 1 2 J L M P R S T U V W Jane Doe Company Worksheet 3 Month Ended December 31, 2019 4 5 6 Acc. Trial Balance Adjustments Income Statement Balance Sheet Accounts 7 No. DR CR DR CR DR CR DR CR 8 Bank 101 1,500 1,500 9 Accounts Receivable 110 750 10 Supplies 120 980 11 Prepaid Insurance 130 1,200 113 500 200 863 480 1,000 12 Equipment 140 15,000 15,000 13 Accumulated Amortization - Equipment 141 3,600 100 3,700 14 150 Automobile 30,000 30,000 15 Accumulated Amortization - Automobile 151 10,800 320 11,120 16 Accounts Payable 206 1,100 1,100 220 17 HST Payable 1,550 13 1,563 18 HST Recoverable 225 500 500 19 230 Bank Loan 11,000 11,000 20 Jane Doe, Capital 305 23,180 23,180 21 Jane Doe, Drawings 310 5,000 5,000 22 Fees Earned 410 9,500 100 9,600 U4A4 - Closing Entries & Post-Closing Trial Balance - Template.xlsx?_&d2lSessionVal=C5IVtdWerlBNRIOSGIBtATQbN&ou=21713568 File Edit Insert Format Help Download a Share AGaramond 12 BIUSA- fx Jane Doe Company B DI F G J L M I P R S T U V W 17 HST Payable 220 1,550 13 1,563 18 HST Recoverable 225 500 500 19 Bank Loan 230 11,000 11,000 20 Jane Doe, Capital 305 23,180 23,180 21 Jane Doe, Drawings 310 5,000 5,000 22 410 Fees Earned 9,500 100 9,600 23 Other Revenue 420 500 500 24 Automobile Expense 610 300 300 25 Miscellaneous Expense 630 100 100 26 Repairs Expense 640 600 600 27 Utilities Expense 660 1,300 1,300 28 Wages Expense 670 4,000 2,000 6,000 29 61,230 61,230 30 31 Supplies Expense 650 500 500 32 Insurance Expense 620 200 200 33 Wages Payable 210 2,000 2,000 34 Amortization Expense - Automobile 680 320 320 35 Amortization Expense - Equipment 685 100 100 36 3,233 3,233 9,420 10,100 54,343 53,663 37 Net Income 680 680 38 10,100 10,100 54,343 54,343 AGaramond U4A4 - Closing Entries & Post-Closing Trial Balance - Template.xlsx?_&d2lSessionVal=C5IVtdWerlBNRIOSGIBtATQbN&ou=21713568 File Edit Insert Format Help 10 BIUS A Download a Share fx General Journal A B C D EI G H J K L M N P R S T U V 1 General Journal 3 Date Particulars P.R. Debit Credit 4 2019 6 Dec 31 Closing Entries 7 8 9 10 11 12 20 23 24 2199222222 13 14 15 16 17 18 U4A4 - Closing Entries & Post-Closing Trial Balance - Template.xlsx?_&d2lSessionVal=C5IVtdWerlBNRIOSGIBtATQbN&ou=21713568 File Edit Insert Format Help BIUSA- 11 BI Q Q AGaramond fx Jane Doe Company B Jane Doe Company Post-Closing Trial Balance 1 2 3 4 Accounts 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 32 Download a Share DI G H | J L M N P R S T U V W X 31-Dec-19 Acc Trial Balance No. DR CR RCDSB INSPIRE. EMPOWER ACHIEVE Mr. Anas EL BAF3M-01 22/23 Sem1 Course Home Content Discussions Assignments My Tools My Portfolio No assignment - see details WM William Milks Activity 5: Closing Entries and the Post-Closing Trial Learning Goals Content Assignment U4A4- Closing Entries and the Pc Activity 6: Summative Assignment U4A4 - Closing Entries and the Post-Closing Trial Balance You will now complete a closing entry exercise. Hand your file in to this Submission folder. Instructions: 1. Journalize the closing entries for Jane Doe Company from the worksheet provided. Don't forget to include a 1-line description after each journal entry. 2. Prepare a Post-closing Trial Balance. Access the assignment template here. Remember to scroll to the bottom of the worksheet to see the tabs for the templates to complete this exercise. Unless otherwise indicated, all images in this activity are from the public domain or are clipart.com or Microsoft clipart and are used with permission. This is a disclaimer. External Resources will open in a new window. Not responsible for external content. .m