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5,000 At March 31, account balances after adjustments for Vizzini Cinema are as follows: Account Balances Accounts (After Adjustment) Cash $ 11,000 Supplies 4,000 Equipment
5,000 At March 31, account balances after adjustments for Vizzini Cinema are as follows: Account Balances Accounts (After Adjustment) Cash $ 11,000 Supplies 4,000 Equipment 50,000 Accumulated Depreciation-Equipment 12,000 Accounts Payable Common Stock 6,000 Retained Earnings 14,000 Dividends 12,000 Ticket Revenue 65,000 Service Revenue 53,000 Advertising Expense 18,000 Supplies Expense 19,000 Depreciation Expense 4,000 Rent Expense 28,000 Salaries and Wages Expense 24,000 Utilities Expense 5,000 Instructions Prepare the closing journal entries for Vizzini Cinema
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