E4-21 Preparing closing entries from an adjusted tri 3 The adjusted trial balance of Stone Sign Company follows: STONE SIGN COMPANY Adjusted Trial Balance January 31, 2018 Balance Debit Credit Account Title Cash Office Supplies $15,400 1,500 1,400 Prepaid Rent 60,000 Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries Payable Unearned Revenue Notes Payable (long-term) Common Stock Dividends Service Revenue Salaries Expense Rent Expense Depreciation Expense-Equipment Supplies Expense Utilities Expense Total S 7,000 3,800 100 4,200 4,300 800 48.80 17,300 3,700 1,400 400 300 600 $85,500 85,500 Requirements 1. Assume Stone Sign Company has a January 31 year-er entries at January 31. 2. How much net income or net loss did Stone Sign C anuary 31 year-end. Journalize Stone ended January 31? How can you tell? for the year ompany earn