Problem 6.4A Worksheet, journalizing and posting adjusting and closing entries, and the postclosing trial balance. LO 6-1, 6-2

A partially completed worksheet for At Home Pet Grooming Service, a firm that grooms pets at the owners home, follows. Required:

1. Complete the worksheet.
2. Record the adjusting entries in the general journal (transactions 1-3).
3. Record the closing entries in the general journal (transactions 4-7).
4. Post the adjusting entries and the closing entries to the general ledger accounts. Hint: Be sure to enter beginning balances.
5. Prepare a post-closing trial balance.

Analyze: What total debits were posted to the general ledger to complete all closing entries for the month of December?

Month Ended December Adjustments Debit Credit Account Name Trial Balance Debit Credit $ 30,050 4,450 2,000 2,000 19,000 1.100 900 Cash Accounts receivable Supplies Prepaid advertising Equipment Accumulated depreciation Equipment Accounts payable Shara Johns, Capital Shara Johns, Drawing Fees income is 380 4,000 25,500 1,000 33,400 3,800 600 Salaries expense Utilities expense Supplies expense Advertising expense Depreciation expense-Equipment Totals Net income 1,100 900 380 2,380 $ $ 62,900 $ 62,900 $ 2,380