The adjusted trial balance at June 30, 2020, for Alex’s Electrical Co. follows. Prepare the four closing entries and the post-closing trial balance. 

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Acct # Account Name Dr. Cr. 101 Cash $ 7,550 105 Accounts Receivable 14,000 6,000 4,500 106 Prepaid Rent Office Equipment Accumulated Depreciation, Office Equipment Electrical Equipment Accumulated Depreciation, Electrical Equipment Accounts Payable Salaries Payable Loan Payable A. Yeoman, Capital A. Yeoman, Withdrawals 107 108 $ 1,750 120 73,500 121 26,750 201 24,550 3,200 26,000 215 240 301 32,200 302 7,500 401 Electrical Fees Earned 64,100 Depreciation Expense, Office Equipment Depreciation Expense, Electrical Equipment Salaries Expense Rent Expense Advertising Expense 500 500 501 11,000 22,500 24,000 7,500 $178,550 502 512 520 $178,550