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:

Neurotransmitter

Chemical substances that transmit nerve impulses across a synapse from one neuron to another.

Synaptic Vesicles

Membrane-bound sacs within the neuron that store neurotransmitters, which are chemicals involved in transmitting messages across the synaptic gap.

Resting Potential

The electrical charge of a neuron when it is not active or transmitting an impulse, representing the difference in electric potential across the neuron's membrane.

All-Or-None

Referring to the fact that a neuron either fires completely or does not fire at all.