Using the adjusted trial balance below, prepare

i) the closing entries for WOW Event Management

ii) a post-closing trial balance for WOW Event Management

WOW Event Management

Adjusted Trial Balance

As at 30 June 2016

	DEBITS	CREDITS
Cash at Bank	60,000
Accounts Receivable	32,000
Prepaid Advertising	12,000
Supplies	3,000
Equipment	120,000
Accumulated Depreciation- Equipment		20,000
Accounts payable		24,000
Unearned Revenue		2,000
WOW, Capital		61,000
WOW, Drawings	10,000
Service Revenue		250,000
Wages Expense	66,000
Rent Expense	22,000
Advertising expense	32,000
	357,000	357,000

General Journal

		Debit	Credit

WOW Event Management

Post closing Trial Balance

As at 30 June 2016

	DEBITS	CREDITS