The adjusted trial balance at April 30, 2017, for Willard Co. follows.

Required
1. Prepare the four closing entries. 

2. Prepare a post-closing trial balance.

Transcribed Image Text:

Credit Debit $ 3,600 101 Cash .. 8,500 106 Accounts receivable.. Trucks ... Accumulated depreciation, trucks 153 26,000 $ 8,250 154 Franchise... 13,200 193 Franchise... Accounts payable... Salaries payable . Unearned revenue. 9,600 201 209 3,200 1,300 233 .... 301 Sid Willard, capital ... 29,100 Sid Willard, withdrawals 302 9,600 401 Plumbing revenue.... 42,050 611 Depreciation expense, trucks Salaries expense 4,900 622 17,800 3,000 640 Rent expense... Advertising expense 6,900 677 Income summary 901 $93,500 $93,500 Totals...