CHAPTER 4 Completing the Accounting Cycle and Classifying Accounts Exercise 4-9 Preparing and posting closing entries LO2, 3 CHECK FIGURE: Post-closing balance, Marcy Jones, Capital = $91,000 Set up the following general ledger accounts using T-accounts for Jones Consulting with the balances pro- vided. Prepare closing entries at December 31, 2020, and post them to the T-accounts. Assets Liabilities Dec. 31 142,000 Marcy Jones, Capital 71.800 Dec. 31 51,000 Dec. 31 Dec 31 Rent Expense 9.100 Marcy Jones, Withdrawals Dec 31 38.000 Salaries Expense Dec 31 27.000 Income Summary Insurance Expense Dec.31 1.500 Services Revenue 103.000 Dec 31 Depreciation Expense Dec. 31 8200 Exercise 4-10 Post-closing trial balance L04 Required Using your answer from Exercise 4.9. prepare a post.closing crial balance