Question: A completed worksheet for The King Group is given below. The King Group Worksheet Month Ended December 31, 2019 Adjusted Trial Income Balance Sheet Statement

 A completed worksheet for The King Group is given below. TheKing Group Worksheet Month Ended December 31, 2019 Adjusted Trial Income BalanceSheet Statement Trial Balance Adjustments Balance Trial Balance Adjustments Balance Sheet BalanceStatement Account Name Debit Credit Debit Credit Debit Credit Debit Credit Debit

A completed worksheet for The King Group is given below. The King Group Worksheet Month Ended December 31, 2019 Adjusted Trial Income Balance Sheet Statement Trial Balance Adjustments Balance Trial Balance Adjustments Balance Sheet Balance Statement Account Name Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit Cash Accounts Receivable 11, 000 Supplies Prepaid Advertising 16,000 Equipment Accumulated Depreciation 91, 400 4, 000 35, 000 91,400 11,000 2,600 14,00 35,000 91, 400 11,000 2, 600 14, 000 35,000 (a)1,400 (b)2,000 1,4 11,000 122, 006 1,4 11,000 122, 000 (c)1,400 -Equipment Accounts Payable Delva King, Capital Delva King, Drawing Fees Income Supplies Expense Advertising Expense Depreciation Expense- 11,000 122, 00G 7,400 7,400 7,400 46,500 46, 5 46, 500 (a)1,400 ()2,000 1, 400 2,000 1, 400 13, 400 1,300 4,800 180,9 180, 9 19,500 46,500 161,400 134,400 1, 4 2, 1,400 13, 4 (c)1,400 Equipment Salaries Expense Utilities Expense Totals Net Income 13, 400 1, 300 1300 179,50 179, 5 4, 800 27,000 27,000 46,500 46, 500 161,400 161,400 Required 1. Record the adjusting entries in the general journal (transactions 1-3) 2. Record the closing entries in the general journal (transactions 4-7) 3. Post the adjusting entries and the closing entries to the general ledger accounts. Hint: Be sure to enter beginning balances 4. Prepare a post-closing trial balance. Analyze: How many accounts are listed in the adjusted and post-closing trial balance section? Complete this question by entering your answers in the tabs below Req 1 and 2 Req 3 Req 4 Analyze Prepare a post-closing trial balance. Post-closing Trial Balance December 31, 2019 Account Name Debit Credit Cash Accounts receivable Supplies Prepaid advertising Equipment Accumulated depreciation-Equipment Accounts payable Delva King, Capital Totals

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