Plevin Company ended its fiscal year on July 31, 2022. The company’s adjusted trial balance as of the end of its fiscal year is shown as follows. Plevin Company
Adjusted Trial Balance
July 31, 2022
No.
Account Titles
Debit
Credit
101 Cash
$9,840
112 Accounts Receivable
8,780
157 Equipment
15,900
158 Accumulated Depreciation—Equip.
$7,400
201 Accounts Payable
4,220
208 Unearned Rent Revenue
1,800
311 Common Stock
20,000
320 Retained Earnings 25,200
332 Dividends
16,000
400 Service Revenue
64,000
429
Rent Revenue
6,500
711 Depreciation Expense
8,000
726 Salaries and Wages Expense
55,700
732 Utilities Expense
14,900

$129,120
$129,120
(a)
Prepare the closing entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Date
Account Titles and Explanation
Debit
Credit
July 31
enter an account title to close revenue accounts on July 31
enter a debit amount
enter a credit amount
enter an account title to close revenue accounts on July 31
enter a debit amount
enter a credit amount
enter an account title to close revenue accounts on July 31
enter a debit amount
enter a credit amount
(To close revenue accounts)
July 31
enter an account title to close expense accounts on July 31
enter a debit amount
enter a credit amount
enter an account title to close expense accounts on July 31
enter a debit amount
enter a credit amount
enter an account title to close expense accounts on July 31
enter a debit amount
enter a credit amount
enter an account title to close expense accounts on July 31
enter a debit amount
enter a credit amount
(To close expense accounts)
July 31
enter an account title to close net income or loss on July 31
enter a debit amount
enter a credit amount
enter an account title to close net income or loss on July 31
enter a debit amount
enter a credit amount
(To close net income / (loss))
July 31
enter an account title to close dividends on July 31
enter a debit amount
enter a credit amount
enter an account title to close dividends on July 31
enter a debit amount
enter a credit amount
(To close dividends)
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List of Accounts
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(b)
The parts of this question must be completed in order. This part will be available when you complete the part above.
(c)
The parts of this question must be completed in order. This part will be available when you complete the part above.