The following adjusted trial balance contains the accounts and balances of Showers Company as of December 31,

The following adjusted trial balance contains the accounts and balances of Showers Company as of December 31, 2011, the end of its fiscal year.

No.Account TitlesDebitCredit

101Cash……………….$18,000

126Supplies…………                  12,000

128Prepaid Insurance…   2,000

167Equipment……………23,000

168Accumulated depreciation - equipment………$6,500 

301R.Showers,Capital…………………46,600

302R.Showers,Withdrawal………        6,000

404Service Revenue……………………             36,000

612Depreciation expense-equipment…2,000

622Salaries expense………………… 21,000

637Insurance expense………  1,500

640Rent expense…………           2,400

652Supplies expense……………1,200

Totals…………………$89,100 $89,100 

Required:

1)  Prepare the December 31, 2011, closing entries for Showers Company.

2)  Prepare the December 31, 2011, post-closing trial balance for Showers Company