You have decided to use December 31, 2020 as your first year-e 2020 adjusted trial balance from Part 3, answer the following qu *Note* Don't forget to update your trial balance so that it match your instructor. a. Prepare the closing entries for your business. In your own wc important? b. Post the entries to the general ledger accounts and prepare a Adjusted Trial Balance December 31, 2020 Acc # Debit Crei 110 Cash 3,215 130 Accounts receivable 475 140 Supplies 115 160 Equipment 850 100 Copyright Info Manual Login Link COVID-19 Resources Student Services Adjusted Trial Balance December 31, 2020 Credit Debit 3,215 475 115 850 a Acc # 110 130 140 160 161 210 230 240 245 260 310 Cash Accounts receivable Supplies Equipment Accum. depreciation Accounts payable Unearned revenue Wages payable Interest payable Notes payable Owner, Capital Owner, Drawings Sales revenue Advertising expense Depreciation expense Interest & Bank Charges Supplies expense Telephone expense Wages expense Totals 18 102 120 60 7 2,800 1,760 80 475 508 515 527 550 563 570 330 18 7 90 102 60 5,342 5.342 Part 3 This portion of the projection is a continuation from Chapters 1 and 2 Use the intormas