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Pharoah Company had the following adjusted trial balance. Pharoah Company Adjusted Trial Balance For the...

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Accounting

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Pharoah Company had the following adjusted trial balance. Pharoah Company Adjusted Trial Balance For the Month Ended June 30, 2020 Adjusted Trial Balance Account Titles Debit Credit Cash $3,600 Accounts Receivable 4,010 Supplies 470 Accounts Payable $1,900 Unearned Service Revenue 180 Owner's Capital 4,490 Owner's Drawings 490 Service Revenue 5,180 Salaries and Wages Expense 1,500 Miscellaneous Expense 350 Supplies Expense 1,850 520 Salaries and Wages Payable $12,270 $12,270 Prepare closing entries at June 30, 2020. (Cred account titles are automatically indented when amount entered. Do not indent manually.) Credit Debit No. Account Titles and Explanation 1. (To close revenue account) (To close expense accounts) (To close net income / (loss)) (To close drawings) Prepare a post-closing trial balance. PHAROAH COMPANY Post-Closing Trial Balance Debit Credit

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