Below Is an Alphabetical List of Accounts of Master Cleaners

question 7

Essay

Below is an alphabetical list of accounts of Master Cleaners as of December 31, after all adjusting entries have been posted.
Instructions:
$\begin{array}{lr}\text { Accounts Payable } & \$ 2,700 \\\text { Accumulated Depreciation, Equipment } & 2,800 \\\text { Cash } & 2,600 \\\text { Depreciation Expense, Equipment } & 700 \\\text { E. Hess, Capital } & 6,200 \\\text { E. Hess, Drawing } & 7,000 \\\text { Equipment } & 12,300 \\\text { Income from Services } & 29,800 \\\text { Income Summary } &\\\text { Insurance Expense } & 1,600 \\\text { Miscellaneous Expense } & 300 \\\text { Frepaid Insurance } & 200 \\\text { Rent Expense } & 2,400 \\\text { Advertising Expense } & 900 \\\text { Utilities Expense } & 800 \\\text { Wages Expense } & 3,700\end{array}$
1. Journalize the four closing entries in the proper order.
2. Record the account balances in t-accounts for owner's equity, revenue, and expense accounts. Post the closing entries in these t-accounts using number 1 through 4.
3. Prepare a post-closing trial balance.

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Definitions:

Completed Suicide

The successful act of taking one's own life, resulting in death.

Suicide Rate

The number of suicide deaths in a given population over a specified period, often expressed per 100,000 individuals.

Elderly

Persons of advanced age, often defined as being 65 years or older, who may experience unique health, social, and economic challenges.

Geronticide

The act or practice of killing the elderly or allowing them to die by withholding necessary care.