Accounts Payable Accounts Receivable. 28,596 6,866 1,692 mortization Expense Equipment...... Equipment... Interest Expense.... Long-term Liabilities......... $2,090 8,043 726 Prepare Hurst Canadian Trucking's closing entries for the above ace 5,647 explanations. og entries for the above accounts. Include Exercise 4-6 Michael's Tennis reported the following selected accounts in its June 30, 2017, ar cial statements: Identifying and journalizing closing entries 2. Michael Lucas, Capital bal, $135,600 Michael Lucas, Capital ....... Service Revenue Unearned Revenues... Salaries Expense. Accumulated Amortization ..... Supplies Expense.. Interest Revenue..... $118,400 356,400 5,400 170,000 140,000 11,800 5,800 Interest Expense... Accounts Receivable... Salaries Payable..... Amortization Expense.... Rent Expense... Michael Lucas, Withdrawals ..... Supplies.. $8,800 56,000 3,400 40,800 23,600 90,000 5,600 Required 1. Prepare the company's closing entries. Include explanations. 2. Prepare a T-account for Michael Lucas, Capital. What is the ending Capital balance at June 30, 2017? Exercise 4-7 Identifying and journalizing closing entries Michal's Snarts Consulting has posted adjusting entries (a) through (e) to D h uraccounts