5 QUESTION S-Closing Entries (10 Marks-15 Minutes) The adjusted account balances of Stine Company, at December 31, 2018, are as follows $12,700 Accounts payable. $12,000 Cash Notes payable. 7,000 Accounts receivable 22,000 Accumulated depreciation- 10,000 Prepaid insurance. 14,000 40,000 equipment. Equipment. Service revenue. 27,000 Depreciation expense. 7,000 B. Stine, drawings. 22,000 B. Stine, capital 1,500 Advertising expense Unearned service revenue.. 16,000 400 Rent expense.... 1,800 Salary expense... 2,000 nsurance expense. 600 $98,000 $98,000 ructions Prepare closing entries for December 31, 2018. termine the balance in B. Stine's capital account after the closing entries have been posted