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QUESTION 6 Jassim Service Company's adjusted trial balance at the end of 31 December, its accounting period is shown below Jassim Service Company Adjusted Trial Balance December 31 Debit Credit Cash 17,500 Accounts receivable 16,000 Office supplies 9,000 Office equipment 28,000 Accumulated depreciation- 3,500 Office equipment Long-term notes payable 23,500 Jassim, Capital 26,100 Jassim, Withdrawals 1,500 Fees earned 71,960 Salaries expense 31,400 Rent expense 17.210 Depreciation expense-Office equipment Office supplies expense 2,700 Totals $125,060 $125,060 1,750 Required: Given the above information, prepare the following: a. The necessary closing entries. Journal entry example: Dr. Office Maintenance expense BD 500 28,000 3,500 23,500 25.100 I 1,500 Office equipment Accumulated depreciation- Office equipment Long-term notes payable Jassim, Capital Jassim, Withdrawals Fees earned Salaries expense Rent exponse Depreciation expense-Office equipment Office supplies expense Totals 71,960 31,400 17.210 1.750 2,700 $125,060 5125.000 Required: Given the above information, prepare the following 1. The necessary closing entries Journal entry example: Dr. Office Maintenance expense BD 500 Cr. Cash BD 500 5 b. What is the balance of assim, Capital in the post-closing trial balance? [you MUST show your calculation] For the toolbar.press ALT-F10 (PC) or ALTIN F10 (Mact B TUS Paragraph Arial sont A T. ==== 11 12 XX Click Save and Sabit toe bent Chick Save Alte alla

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