Chapter 4 - Closing Entries - 18 points Use the following information to prepare the closing 31, 2016. All accounts have normal balances. if you choose to use T-accounts, be SURE that you CLEARLY identity each transaction or it will be marked incorrectil LAURA'S CATERING, INC. $ 12,000 25,000 30,000 4,000 42.000 12,000 Accounts Receivable Accounts Payable Accumulated Depreciation- Catering Equipment Advertising Expense Cash Depreciation Expense - Catering Equipment Insurance Expense Catering Equipment Catering Service Revenue Catering Supplies Notes Payable Laura Bow, Capital Laura Bow, Withdrawal Prepaid Insurance Salaries Payable Salaries Expense Repair Expense Unearned Catering Revenues 3,000 125,000 200,000 39,000 65,000 17,000 18.000 1,500 4,000 97,000 7,000 500 EXTRA CREDIT. Prepare a Post-Closing Trial Balance. (5 points)