12. Prepare a post-closing trial balance. Be sure to list the items in order of their liquidity, starting with Assets, Liabilities and then Owner's Capital. If an amount box does not require an entry, leave it blank. The General's Favorite Fishing Hole Post-Closing Trial Balance April 30, 20-- Account Acct. No. Debit Balance Credit Balance Cash 101 130,650 130,650 X Wages Payable x 523 x 400 X 400 x Food Supplies Expense x 524 x 30,700 X 30,700 X Insurance Expense X 535 1,500 X 1,500 Wages Expense x 511 40,500 X 40,500 Depreciation Expense- Fishing Boats x 542 1,000 X 1,000 Registration Fees x 401 171,700 X 171,700 X Utilities Expense X 533 x 2,000 X 2,000 X Bob Night, Drawing x 312 6,000 X 6,000 X Total x Accounts Payable $66,500 Accumulated Depreciation- Fishing Boats 1,000 Bob Night, Capital 90,000 Bob Night, Drawing 6,000 Cash 130,650 Depreciation Expense-Fishing Boats 1,000 Fishing Boats 60,000 Food Supplies 8,000 Food Supplies Expense 30,700 Insurance Expense 1,500 Office Supplies 100 Office Supplies Expense 400 Postage Expense 150 Prepaid Insurance 7,500 Registration Fees 171,700 Rent Expense 40,000 Phone Expense 1,200 Utilities Expense 2,000 Wages Expense 40,500 Wages Payable 500 8. Prepare the statement of owner's equity. If an answer is zero, enter "0". The General's Favorite Fishing Hole Statement of Owner's Equity For Month Ended April 30, 20-- Bob Night, capital, April 1, 20-- 90,000 Investments during April 66,500 Total investment Investments during April Less withdrawals for April Increase in capital Bob Night, capital, April 30, 20-- 9. Prepare the balance sheet