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The adjusted trial balance of Summers Sign Company follows: Tick the icon to view the acustod trwance) Requirements 1. Assume Summers Sign Company has a January 31 year end Journalize Summons'cloning entries at January 31 2. How much not income or net loss did Summers Sign Compe com for the year ended January 31 How can you tell? Orre Requirement 1. Assume Summers Sign Company has a January 31 year-end Joumaize Summers' closing entries at Jawwy 31. (Recon dobits first, then credits Select the explanation on the last line of the journal entry table.) First, we will close the Service Revenue account Date Accounts and Explanation Debit Credit Jan 31 Clear All Final Check Help Me Solve This e Text Pages Get More Help a Data Table Sumn the adju compar net los summers Sign Company Adjusted Trial Balance January 31, 2024 Balance Account Title ummers e last Debit Credit ce Rey $ 15,500 ounts 1,900 900 Cash Office Supplies Prepaid Rent Equipment Accumulated Depreciation Equipment Accounts Payable Salaries Payable 48,000 $ 7,000 4100 400 Print Done All Data Table Unearned Revenue 5,000 5,600 35,500 1.100 16,800 Notes Payable (long-term) Summers, Capital Summers, Withdrawals Service Revenue Salaries Expense Rent Expense Depreciation Expense-Equipment Supplies Expense Utilities Expense 3,500 2,000 400 300 800 Total $ 74,400 $ 74,400 Print Done
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