Wildhorse 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. Wildhorse Company Adjusted Trial Balance July 31, 2022 No. Account Titles Debit Credit 101 Cash $10,300 112 Accounts Receivable 8,700 157 Equipment 15,500 158 Accumulated Depreciation-Equip. $7,100 201 Accounts Payable 4,100 208 Unearned Rent Revenue 2,500 301 Owner's Capital 46,100 306 Owner's Drawings 15,700 400 Service Revenue 63,500 429 Rent Revenue 6,100 354 0300 208 Unearned Rent Revenue 301 Owner's Capital 306 Owner's Drawings 2,500 46,100 15,700 400 Service Revenue 63,500 429 Rent Revenue 6,100 711 Depreciation Expense 8,100 726 Salaries and Wages Expense 56,400 732 Utilities Expense 14,700 $129,400 $129,400 Prepare the closing entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation July 31 Debit Credit July 31 (To close revenue accounts) July 31 (To close expense accounts) July 31 (To close expense accounts) July 31 (To close net income/(loss)) (To close drawings) Post to Owner's Capital and Income Summary accounts. (Post entries in the order of journal entries presented in the previous part. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Date Explanation July 31 July 31 July 31 Owner's Capital Debit Credit No. 301 Balance Income Summary No. 350 Date Explanation Debit Credit Balance July 31 July 31 July 31 Prepare a post-closing trial balance at July 31. WILDHORSE COMPANY Post-Closing Trial Balance Totals Debit Credit