Question: Could you please help me with these question? 1-h. Will Nick Stilz's capital account of $111409 appear on the balance sheet as at December 31,


Could you please help me with these question?



1-h. Will Nick Stilz's capital account of $111409 appear on the balance sheet as at December 31, 2020? D Yes D No '2. Prepare the closing entries for the company. View transaction list Journal entryr worksheet Record to close the revenue account to the income summary. Note: Enter debits before credits. December 31, 2020 Record entry Clear entry View general journal 3. What is the ending balance of Nick Stilz's capital account as at December 31, 2020? Nick Stilz's capital accountImprov Club (IC) features entertaining improvisational theatre performances. The theatre features a range of shows and talented performers. IC prepares financial statements on an annual basis. The following year-end accounts as of December 31, 2020 are listed in alphabetical order and have normal balances. Accumulated depreciation, equipment $ 15, 450 Cash 58, 750 Depreciation expense, equipment 4, 980 Equipment 55, 800 Insurance expense 4, 140 Nick Stilz, capital 1 17, 400 Nick Stilz, withdrawals 33, 500 Prepaid in 8, 780 Rent expense 64, 750 Salaries expense 44, 250 Supplies 3, 400 Supplies expense 7, 400 Ticket revenue 147, 400 Unearned revenue 5, 500 Required: 1-a. Prepare an adjusted trial balance as at December 31, 2020. IMPROV CLUB Adjusted Trial Balance December 31, 2020 Account Debit Credit Totals
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