The unadjusted trial balance and income statement amounts from the December 31 adjusted trial balance of Kopec Production Company follow.
Required
Journalize the adjusting and closing entries of Kopec Production Company at December 31. There was only one adjustment to Service Revenue.

Transcribed Image Text:

Kopec Production Company Unadjusted Trial Balance From the Adjusted Trial Balance Account Title 10,200 Prepaid rent Equipment Accumulated depreciation.. Accounts payable Salary payable Unearned service revenue Income tax payable Note pa yable, long-ter Common stock Retained earnings.. Dividends Service revenue Salary expense Rent expense Depreciation expense... Income tax expense Net income 32,100 3,800 4,600 8,400 10,000 8,700 1,300 1,000 12,800 19,500 4,000 1,200 4,900 1,400 300 1,600 8,200 19,500 49,600 49,600