E4-24 Preparing closing entries from an adjusted trail balance, preparing a post - closing trail balances and calculating the current ratio!

Prey Ajusted til balance preparing pow closing trial balances and calculating the current Mathew Bowling Alley's adjusted tables. MATTHEW'S BOWLING ALLY Adjusted that Balance December 31, 2016 Account Title De 18.500 Accounts Receivable Ottice Supplies Prepaid Insurance Equipment 2.500 Accumulated Depreciation Equipment Building $ 22.000 125,000 Accumulated Depreciation-Building 5.500 30,000 3.600 675 3,500 1,700 211.825 30.000 Land Accounts Payable Utilities Payable Salaries Payable Unearned Revenue Matthew, Capital Matthew, Withdrawals Service Revenue Insurance Expense Salaries Expense Supplies Expense Utilities Expense Depreciation Expense-Equipment Depreciation Expense Building Total 100.000 28,000 30,000 1.800 25,000 2,500 450 5 348,800 $ 348,800 Requirements 1. Prepare the closing entries for Matthew's Bowling Alley. 2. Prepare a post-closing trial balance. 3. Compute the current ratio for Matthew's Bowling Alley