Below is an alphabetical list of accounts of Master Cleaners as of December 31, after all adjusting entries have been posted.

Below is an alphabetical list of accounts of Master Cleaners as of December 31, after all adjusting entries have been posted.

Accounts Payable	$ 2,700
Accumulated Depreciation, Equipment	2,800
Cash	2,600
Depreciation Expense, Equipment	700
E. Hess, Capital	7,000
E. Hess, Drawing	16,800
Equipment	12,300
Income from Services	29,800
Income Summary
Insurance Expense	1,600
Miscellaneous Expense	300
Prepaid Insurance	200
Rent Expense	2,400
Supplies Expense	900
Utilities Expense	800
Wages Expense	3,700

Instructions:

1.Journalize the four closing entries in the proper order.

2. Record the account balances in t-accounts for owner’s equity, revenue, and expense accounts. Post the closing entries in these t-accounts using number 1 through 4.

3. Prepare a post-closing trial balance.