Windsor Company, Ltd. ended its fiscal year on July 31, 2017. The company's adjusted trial balance as of the end of its fiscal year is shown below.

WINDSOR COMPANY, LTD.

Adjusted Trial Balance

July 31, 2017

Instructions
(a) Prepare the closing entries using page J15.
(b) Post to Retained Earnings and No. 350 Income Summary accounts. (Use the three column form.)
(c) Prepare a post-closing trial balance at July 31?

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No. Account Titles Debit Credit 0 Cash 112 Accounts Receivable 157 158 Accumulated Depreciation-Equip. 201 Accounts Payable 208 Unearned Rent Revenue 311 Share Capital-Ordinary 320 Retained Earnings 332 Dividends 400 Service Revenue 429 Rent Revenue 711 Depreciation Expense 726 Salaries and Wages Expense 732 Utilities Expense £ 9,840 8,140 15,900 Equipment E 5,400 2,220 3,800 18,000 20,260 12,000 64,000 3,700 55,700 14,900 2 £120,180 £120,180