A partially completed worksheet for At Home Pet Grooming Service, a firm that grooms pets at the owner's home, follows.

INSTRUCTIONS

1. Record balances as of December 31 in the ledger accounts.

2. Prepare the worksheet.

3. Journalize (use 3 as the journal page number) and post the adjusting entries. Use account number 131 for Prepaid Advertising and the same account numbers for all other accounts shown in Mini-Practice Set 1 for Eli's Consulting Services chart of accounts.

4. Journalize (use 4 as the journal page number) and post the closing entries.

5. Prepare a postclosing trial balance.

Analyze: What total debits were posted to the general ledger to complete all closing entries for the month of December?

Transcribed Image Text:

ADJUSTED TRIAL BALANCE INCOME STATEMENT BALANCE SHEET DEBIT CREDIT 93 400 00 13 | 0|010100 4 6 0000 28 | 00 | 00 85 00 00 93400 00 13 00000 4600 00 28 000 00 85 | 000 | 00 3 40 0 00 13 000 00 142 000 00 3400 00 13 000 007 42 000 00 9400 00 9400 00 103 500 00 103 500 00 340 000 4000 00 3400 00 1540 0 00 2 30 000 261 90 0 00 3 4 0 0 00 4000 00 3400 0 15 400 00 2 3000 28 5 00 00 75 000 00 03 5 00 00 261 90000 103 500 00 233 400 00 9 158 400 00 16 75 000 00 17 233 40 0 001 233 400 00 At Home Pet Grooming Service Worksheet Month Ended December 31, 2019 TRIAL BALANCE ADJUSTMENT ACCOUNT NAME CREDIT CREDIT 4 20000 3800 00 2 1160 00 12 000 00 9110| 00|00 53 200 00 11 60000 13 Supplies Expense 4 200 00 3 800 00 156 2 00 00 91 6 0