$\backslash$begin$\{$tabular$\}\{|$l$|$r$|$r$|\}$

$\backslash$hline $\backslash$multicolumn$\{2\}\{|$c$|\}\{\backslash$begin$\{$tabular$\}\{$c$\}$

MURPHY DELIVERY SERVICE $\backslash \backslash$

Post$-$Closing Trial Balance $\backslash \backslash$

December $31,2025$

$\backslash$end$\{$tabular$\}\}\backslash \backslash$

$\backslash$hline Account Title & $\backslash$multicolumn$\{1\}\{$c$|\}\{$ Balance $\}\backslash \backslash$

$\backslash$hline $\backslash$hline Cash & $\backslash (\backslash$$ $21,500\backslash )$ & Credit $\backslash \backslash$

$\backslash$hline Accounts Receivable & $1,850$ & $\backslash \backslash$

$\backslash$hline Supplies & $450$ & $\backslash \backslash$

$\backslash$hline Prepaid Insurance & $500$ & $\backslash \backslash$

$\backslash$hline Truck & $9,000$ & $\backslash (\backslash$$ $100\backslash )\backslash \backslash$

$\backslash$hline Accumulated Depreciation$-$Truck & & $0\backslash \backslash$

$\backslash$hline Accounts Payable & & $800\backslash \backslash$

$\backslash$hline Salaries Payable & & $1,500\backslash \backslash$

$\backslash$hline Unearned Revenue & & $30,900\backslash \backslash$

$\backslash$hline Murphy, Capital & $\backslash (\backslash$$ $33,300\backslash )$ & $\backslash (\backslash$$ $33,300\backslash )\backslash \backslash$

$\backslash$hline Total & & $\backslash \backslash$

$\backslash$hline & & $\backslash \backslash$

$\backslash$hline & & $\backslash \backslash$

$\backslash$hline & & $\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}1.$ Record each January transaction in the journal. Explanations are not required.

$2.$ Post the transactions in the T$-$accounts. Don't forget to use the December $31,2025,$ ending balances as appropriate.

$3.$ Prepare an unadjusted trial balance as of January $31,2026.$

$"4.$ Prepare a worksheet as of January $31,2026.$

$5.$ Journalize the adjusting entries using the following adjustment data and also by reviewing the journal entries prepared in Requirement $1.$ Post adjusting entries to the T$-$accounts.

Adjustment data:

a$.$ Supplies on hand, $\backslash (\backslash$$ $600\backslash ).$

b$.$ Accrued Service Revenue, $\backslash (\backslash$$ $1,800\backslash ).$

c$.$ Accrued Salaries Expense, $\backslash (\backslash$$ $500\backslash ).$

d$.$ Prepaid Insurance for the month has expired.

e$.$ Depreciation was recorded on the truck for the month.

$6.$ Prepare an adjusted trial balance as of January $31,2026.$

$7.$ Prepare Murphy Delivery Service's income statement and statement of owner's equity for the month ended January $31,2026,$ and the classified balance sheet on that date. On the income statement, list expenses in decreasing order by amount$-$ that is$,$ the largest expense first, the smallest expense last.

$8.$ Calculate the following ratios as of January $31,2026,$ for Murphy Delivery Service: return on assets, debt ratio, and current ratio.

$"9.$ Prepare the closing entries and post to the T$-$Accounts

$10.$ Prepare the post$-$closing trial balance