This question will be sent to your instructor for grading. The following adjusted trial balance contains the accounts and year-end balances of the "Running Back" Corporation as of October 31. No Account Title 101 Cash 126 Supplies 128 Prepaid insurance 167 Equipment 168 Accumulated depreciation-Equipment 307 Common stock 318 Retained earnings 319 Dividends 404 Services revenue 612 Depreciation expense-Equipment 622 Salaries expense 637 Insurance expense 640 Rent expense 652 Supplies expense Totals Debit Credit $ 18,000 9,300 2,000 23,000 $ 6,500 3,180 41,600 6,000 32,800 2,000 19,122 1,378 2,198 1,082 $84,080 $84,080 1. Prepare the October 31st, closing entries for Running Back. A B D Date 1 2 C Debit Credit Account Titles Example note: you will not be able to Indont credit, thus put debits first, then credits. Put dollar amounts in the appropriate debit or credit columns 2 1. Prepare the October 31st, closing entries for Running Back. A B D 1 Date Debit Credit N Account Titles Example - note: you will not be able to indent credit, thus put debits first, then credits. Put dollar amounts in the appropriate debit or credit columns. Cash 2,549 4 Service Revenue 2,500 5 6 7 00 9 10 11 12 13 14 15 16 17 18 19 20 21 2. Prepare the October 31st, post-closing trial balance for Running Back Note: The Retained Earnings account balance was $41,600 on October 1st. Running Back Corporation Post-Closing Trial Balance October 31st Debit Credit Totals (note: amount will not be provided on exam) $52,300 $52,300