1. Please journalize the closing entries from the attached worksheet Use the attached template to complete your General Journal.

Balance Sheet Unadjusted Adjusted Income Owner's Trial Balance Adjustments Trial Balance Statement Equity Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit Cash 10375 10375 10375 Prepaid b) Insurance 1000 200 800 800 Supplies 225 a) 50 175 175 Automobile 15000 15000 15000 c) Accum. Depr. 1000 1000 2000 2000 Franki Valley, Capital 18000 18000 18000 Franki Valley, Drawing 400 400 400 Commission Revenue 3000 8000 8000 Depreciation C) expense 0 1000 1000 1000 Supplies expense 0 a) 50 50 50 Insurance B) expense 0 200 200 200 27000 27000 1250 1250 28000 28000 1250 8000 26750 20000 net income 6750 6750 8000 8000 26750 26750General Journal 2018 Date Account Titles PR DEBIT CREDIT Closing Entries