From the Following Adjusted Trial Balance,journalize the Necessary Closing Entries

question 78

Essay

From the following adjusted trial balance,journalize the necessary closing entries.Prepare a post-closing trial balance.
$\begin{array}{c}\text { Adjusted Trial Balance }\\\begin{array}{lr} \underline{\text { Account Title}}& \underline{\text { Debit}}& \underline{\text { Credit}}\\\text { Cash } & 1,500 \\\text { Accounts Receivable } & 1,460 \\\text { Prepaid Insurance } & 800 \\\text { Supplies } & 900 \\\text { Equipment } & 5,500\\\text { Accumulated Depreciation-Equipment } && 550 \\\text { Accounts Payable } && 1,300 \\\text { Wages Payable } && 760 \\\text { Owner, Capital } && 6,550\\\text { Owner, Drawing } & 1,400 & \\\text { Service Revenue } & & 8,900 \\\text { Wages Expense } & 3,000 &\\\text { Rent Expense } & 1,500 \\\text { Supplies Expense } & 900 \\\text { Utilities Expense } & 600 \\\text { Depreci ation Expense-Equipment } & \underline{500}&\underline{\quad\quad} \\&18,060&18,060\end{array}\end{array}$

Appreciate the significance of proofreading at the appropriate stage in the writing process.

Comprehend the role and impact of nonverbal communication.

Identify the most effective communication channels for different situations.

Evaluate the effectiveness of communication through feedback.

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Definitions:

Cooling Capacity

Cooling capacity is the measure of a cooling system's ability to remove heat. It's often measured in BTUs (British Thermal Units) or watts.

Reefer Units

Refrigeration units used in transportation, specifically designed to control the temperature of perishable goods in containers or trailers during shipping.