I really need help knowing how to close out an adjusted Trial Balance. I'm new at this and don't have a lot of practice.
Dr. Cr.
Cash & Cash Equivalents 860,750
Cash, restricted 47,500
Investments 2,037,000
Due from other funds 595,000
Land 976,000
Machinery and equipment 2,264,000

Accumulated depreciation,
Machinery and equipment 1,840,000

Buildings 2,058,000

Accumulated Depreciation,
Buildings 933,000

Accounts Payable 398,250

Revenue bonds payable,
Current portion 50,000

Revenue bonds payable,
Noncurrent portion 1,650,000
Net Assets 4,087,000
Revenues -charges for services 3,608,000
Revenues - other 61,200

Operating expenses
-purchase of water 2,389,000

Operating expenses
- materials and supplies 276,000

Operating expenses
- personal services 827,195

Operating expenses
-depreciation 253,000

Nonoperating revenues
- investment revenues 29,680

Nonoperating expense
- interest 14,325

As for me you can ask for help from a good qulificated layer!
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You need to close out your Revenue and Expense Accounts to the Income Summary Account, then close out your Income Summary Account to Retained Earnings.

To close out a revenue account you debit the revenue account for the same amount as your credit balance. To close out an expense account you will credit your expense account for the same amount as your debit balance.