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XYZ Industries ended its fiscal year on July 31, 2022. The company's adjusted trial balance as of that date is as follows: Account Title Cash

XYZ Industries ended its fiscal year on July 31, 2022. The company's adjusted trial balance as of that date is as follows: Account Title Cash A/R Equipment XYYZ Industries Adjusted Trial Balance July 31, 2022 Accumulated Depreciation-Equipment / Unearned rent revenue Share Capital-Ordinary Retained Earnings Dividends Service Revenue Rent Revenue Depreciation Expense Salaries and Waged Expense Utilities expense Required: 1. Prepare all the necessary closing entries 2. Prepare the post-closing adjusted trial balance. Balance 9,840 8,780 15,900 7,400 4,220 1,800 20,000 25,000 16,000 64,0000 6,500 8,000 55,700 14,900

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