Selected accounts for Tamora€™s Salon are presented below. All June 30 postings are from closing entries.

Instructions
a. Prepare the closing entries that were made.
b. Post the closing entries to Income Summary.

Transcribed Image Text:

Owner's Capital 2,500 6/1 6/30 Salaries and Wages Expense Service Revenue 6/15 12,000 6/10 3,200 9,700 6/30 6/28 5,600 6/24 8,400 5,000 14,500 Bal. Bal. 8,800 6/30 Bal. 8,800 6/30 18,100 18,100 Rent Expense 3,000 Supplies Expense Owner's Drawings 6/1 6/12 600 6/13 1,000 Bal. 6/30 6/25 6/24 700 1,500 3,000 3,000 Bal. Bal. 1,300 6/30 1,300 2,500 6/30 2,500