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6/28 5,000 660/ 16/15 Exercise 4-11 a-b Selected accounts for Sandhill's Salon are presented below. All June 30 postings are from closing entries. Salaries and
6/28 5,000 660/ 16/15 Exercise 4-11 a-b Selected accounts for Sandhill's Salon are presented below. All June 30 postings are from closing entries. Salaries and Wages Expense 6/10 3,400 6/28 5,060 Bal. 8,460 6/ 30 8 ,460 Supplies Expense 6/12 480 6/24 Bal. 1,140 6/30 1,140 Service Revenue 9,200 6/24 6/24 9,100 6/30 18,300 Bal. 18,300 Rent Expense 3,160 Bal. 3,160 6/30 3,160 Owner's Capital 6/30 2,940 6/1 11,600 6/30 5,540 Bal. 14,200 Owner's Drawings 6/13 500 6/25 2,440 Bal. 2,9406/30 2,940 6/1 Prepare the closing entries that were made. (Credit account titles are automatically indented when amount is entered. Do not Indent manually. Debit Credit Date Account Titles and Explanation June 30 (To dose revenue account) June 30 (To close expense account) June 30 (To cose net income / (loss)) June 30 (To dose drawings) Post the closing entries to Income Summary. (Post entries in the order of journal entries posted in the previous part of the question.) Income Summary
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