From the following partial work sheet for Walter Searing, journalize the closing entries necessary for month-end and prepare a post-closing trial balance. Walter Searing Work Sheet (Partial) For Month Ended July 31, 20-- Income Statement Debit Credit Account Title Cash Accounts Receivable Supplies Prepaid Insurance Delivery Equipment Accum. Depr.-Delivery Equip. Accounts Payable Wages Payable Walter Searing, Capital Walter Searing, Drawing Delivery Fees Rent Expense Wages Expense Utilities Expense Gas and Oil Expense Miscellaneous Expense Supplies Expense Insurance Expense Depr. Exp.-Delivery Equip. Net Income 1,600 1,100 300 750 300 240 400 200 4,890 6,400 Balance Sheet Debit Credit 3,700 600 800 800 4,000 900 200 1,100 1,025 6,965 6,400 10,800 9,290 1,510 1.510 6,400 6,400 10,800 10,800 I Date Prepare - Closing Entries Post GENERAL JOURNAL Description Closing entries Ref. Debit Page 1 Credit Prepare Post-Closing Trial Balance Account Title Debit Credit