Journal closing entries

Problem 3-Journalizing Closing Entries 13 points Using the adjusted trial balance shown below, prepare the four general journal entries on December 31st to close the accounts. Adjusted Trial Balance December 31, 20xx Debit Credit 13,500 10,000 Cash Accounts Receivable Prepaid Insurance Land Equipment Accumulated Depreciation- Equipment Accounts Payable Salaries Payable James Shelton, Capital James Shelton, Drawing Auto Service Revenue Salaries Expense Insurance Expense Depreciation Expense 5,600 15,000 25,000 12,000 6,000 2,000 48,600 2,000 26,000 15,500 7,000 Total 94,600 94,600 Problem 4- Bank Reconciliation 14 points Ben Morgan received his bank statement on April 30,20XX. It showed a balance of $5,823. On the same date, his checkbook had a balance of $6,769. The following data are availabl for reconciling the bank statement a. Deposits in transit amount to $985 b. Outstanding checks amount to $103 c. The service charge for the account for the month was $20 d. A check from a customer for $54 was deposited on April 22 but was returned with the bank statement marked NSP e. The bank statement disclosed interest revenue during April in the amount of $10 Required: 1. Prepare the bank reconciliation for April in proper form 2. Prepare the required general journal entry from the bank reconciliation