acct100 chapter 6 hw ned help

On December 31, after adjustments, Ponthieu Company's ledger contains the following account balances: 101 Cash 111 Accounts receivable 121 Supplies 131 Prepaid rent 141 Equipment 142 Accumulated depreciation-Equip. 202 Accounts payable 301 Louis ponthieu, Capital (12/1/20X1) 302 Louis ponthieu, Drawing 401 Fees income 511 Advertising expense 514 Depreciation expense-Equip. 517 Rent expense 519 Salaries expense 523 Utilities expense $ 47,200 Dr. 17,800 Dr. 4,000 Dr. 40, 600 Dr. 64,000 Dr. 2,000 Cr. 8,500 Cr. 85, 620 Cr. 8, 200 Dr. 163,600 Cr. 5,800 Dr. 1,000 Dr. 4,600 Dr. 38,800 Dr. 7, 720 Dr. Required: 1. Journalize the closing entries in the general journal. 2. Post the closing entries to the general ledger accounts. Hint: Be sure to enter beginning balances. Analyze: What is the balance of the Salaries Expense account after closing entries are posted? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Analyze Journalize the closing entries in the general journal. View transaction list Journal entry worksheet 1 2 3 4 > Record the closing entry for revenue. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31, 20X1