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Active Sport Co. has the following balances for their accounts at the en of March. Trial Balance 31.03.2016 Accounts Receivable Debit Credit Cash $5.000 Accounts

Active Sport Co. has the following balances for their accounts at the en of March. Trial Balance 31.03.2016 Accounts Receivable Debit Credit Cash $5.000 Accounts Receivable $2.500 Office Supplies $800 Equipment $1.500 Land $15.000 Capital Stock $20.000 Sales Revenue $8.500 Interest Expense $650 Utilities Expense $450 Rent Expense $1.500 Salaries Expense $1.100 Total $28.500 $28.500 Instructions Please post the closing entries for the month of March

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