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

 A completed worksheet for The King Group is given below TheKing Group Worksheet Month Ended December 31, 2019 Adjusted Trial Income TrialBalance Adjustments Ralan Statement Balance Sheet Account Name Debit Credit Debit CreditDebit Credit Debit Credit Debit Credit Cash Accounts Receivable 11, Supplies PrepaidAdvertising 16,000 Equipment Accumulated Depreciation 91,400 4,000 35,000 (b)2,400 11 , 35,000

A completed worksheet for The King Group is given below The King Group Worksheet Month Ended December 31, 2019 Adjusted Trial Income Trial Balance Adjustments Ralan Statement Balance Sheet Account Name Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit Cash Accounts Receivable 11, Supplies Prepaid Advertising 16,000 Equipment Accumulated Depreciation 91,400 4,000 35,000 (b)2,400 11 , 35,000 91,400 91,400 11,000 2, 6 14,000 35,000 (a)1, 400 2,600 (c)1,400 1, 4 1,4 -Equipment Accounts Payable Delva King, Capital Delva King, Drawing Fees Income Supplies Expense Advertising Expense Depreciation Expense- 11,000 122, 00 11,000 122, 00 11,000 122, 00 7, 4 7, 4 7, 4 46, 5 46, 5 46, 5 1,4 2, 1,4 2, (b)2,000 ()1,400 Equipment Salaries Expense Utilities Expense Totals Net Income 13,400 1,300 13,400 1,300 13,400 1,300 179, 5 179, 5 4, 800 4,8 180,9 180, 9 19,500 46,500 161,4 134,4 27 , 000 27, 000 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? Post-closing Trial Balance December 31, 2019 Account Name Debit Credit Cash Accounts receivable Supplies $ 91,400 11,000 2,600 14,000 35,000 repaid advertising quipment Accumulated depreciation-Equipment Accounts payable lva King, Capital 1,400 11,000 141,500 Totals $ 154,000$ 153,900 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 Req3 Req 4 Analyze How many accounts are listed in the adjusted and post-closing trial balance section? Adjusted trial balance Post-closing trial balance 15 accounts 0 accounts

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