What would be my closing balances??

You may use this template to complete the accounting cycle problem. Transaction Analysis Assets Liabilities Equity Check Formula s Balance Sheet Accts. Income Statement Accounts Cash Accounts Inventory Land Equipment Acc. Other long Accounts Notes Wages Interest Taxes Contribute Retained Sales Cost of Depreciati Income tax Interest SG&A Entries receivable Depreciati term assets payable payable payable payable payable d capital earnings revenue goods sold on expense expense expense expense 1-Jan 3 5 120 60 -6 5 0 0 0 65 0 0 0 0 as 10 ss . ss .s. OK S - S 10 S . S . S . b S (9) S . S - S 9 S - S - S . OK S - $ . S - S - S - S - S - S . S . S - S CS 120 S 40 S . S - S S . S . OK S - S - S - S - S - $ 160 S - S . S d S 3 S . S . S . - OK S - S ss - S - S e $ (16) S - S - S . - S - OK S - S - S - S . S - S S 24 S (24) S - S - $ - OK S - S - $ $ - $ s ES (10) S - S - S - $ 10 OK S - S - S - S S . S - S h S - $ - $ 87 S . $ . OK $ 87 S - S - $ - S - S - S i S (13) S - S . S . S . S . OK S (13) S ssss S . S . S . S . s j $ - $ 25 $ - $ - S - OKS - S . S . S . $ . S 25 S s kS (17) S . S . S . S . S . OK S . S - S - S . S . - S (17) S - S - S . S . S - S Adjusting Entries | OK 1S - S - S 14 S . S . S . OK S . S . S . S S - S - S s 14 ssss ms - S - $ . S . S 6 S - OK S - ssssssss 6 sss ns . S . S S - S - OK S oss 0.24 ss . ss .s S . S . S (0.24) S oss . ss . ss .s . OK S ss 12 ssssssssss (12) P S . S . S . S - S S . S . OK S . S - S - $ (8) S - S - S - S - S - $ 8 S - S Post-Adjusting Trial Balance $ 95 S 46 $ 113 S 9 $ 60 $ - $ 14 OK S 79 S 10 S 12 $ 0.24 S (8) S 68 S (9) S 185 S 14 S 6 S 8 S (0.24) S (28) . s S - S TOTAL Assets (Before Closing Entries): $ 337 TOTAL Liabilities and Equity (Before Closing Entries): S 337 Closing Entries Post-Closing Trial Balance OK OK TOTAL Assets (After Closing Entries): S TOTAL Liabilities and Equity (After Closing Entries): S