Your answer is partially correct Journalize and post closing entries and complete the closing process. (Creulit account title automatically imalemte when the arm is embered. Do not indent mentally. If required, select "Me Entry for the accoond titles and enter for the amounts. that have zero ending bace, the entry should be the balance date and zero fe Debit 32120 Date Account Titles and Explanation July Service Revenue 31 Income Summary (To dose revenue account) July Income Summary 31 Salaries and Wages Expense 26522 Rent Expense Advertising Expens Supple nse utilities Expert Deprecie Ebense Interes Income Tag (To close expense accounts) July 31 no [To clasa net income to retained earnings) Et ecce titles are mally. If he entry is the amounts. For accounts late and zero for the amount.) Credit 32120 18000 3300 1800 1050 660 1400 250 Ally 1 Bal ruly 2 Ally 10 Auy 16 July 27 sh 4,290 Mily1 41.000 Ay 3 980 Mly 3 9,800 Lily 6 12,200 July 14 July 18 43.540 2,800 3.000 6,600 3.100 330 9.000 July 31 Bal 980 July 1 Bak July 20 July 31 Bal Accounts Receivable 980 July 10 23,000 ruly 27 10,700 12,300 Prepaid Insurance 3,000 July 31 2.750 July 3 July 31 Bal 250 1050 July 1 Bal July 6 July 31 Bal Supplies 570 july 31 3,100 2,620 Prepaid Rent 6,600 july 31 3,300 July 3 July 31 Bal 3,300 July 1 July 31 Bal. Equipment 19,200 19.200 400 Accumulated Depreciation Equipment July 31 July 31 Bal 400 July 14 Accounts Payable 330 July 18 July 20 July 3 July 31 Bal 330 1800 560 2460 Interest Payable July JU BA 82 9,000 Salaries and Wages Payable July 31 July 31 Bal. 9.000 Income Taxes Payable July 31 July 31 Bal 980 980 July 13 July 23 Uneared Service Reverse 920 July 1 Bal 8,200 july 16 July 31 Bal 920 9,800 1600 Notes Payable July 1 July 31 Bal 16,400 16,400 Common Stock July 1 bal. July 2 July 31 Bat 3.000 41.000 44000 Retained Earnings July 1 Bal 1.590 July 31 Service Revenue July 13 920 23,000 July 20 23 8.200 : 18 Salaries and Wages Expense 9.000 9.000 31 Rent Expense 2300 Arhvertising Expense July 20 1 BDO July 31 Bali Supplies Expense 1,050 July 31 July 31 Bal Utilities Expense July 31 660 July 31 Bal. Depreciation Expense July 31 400 July 31 Bal Insurance Expense July 31 250 July 31 Bal : Interest Expense July 31 82 li Bal Income Tax Expense 980 visi Bal. Income Summary Prepare a post-closing trial balance at July 31. CHEYENNE COMPUTER CONSULTANTS Post-Closing Trial Balance Debit Credit $ $ 5 List of Accounts SRL Attempts: 0 of 5 used Submit