Activity 3.c - Post to the ledger. Ledger accounts have been opened using the balances from the adjusted trial balance. Post the closing entries to the general ledger in RED order and calculate ending balances for each account. For accounts that have a zero balance, enter the zero on the normal balance side. HINT Activity 3.c - Post to the ledger. Ledger accounts have been opened using the balan Post the closing entries to the general ledger in RED balances for each account. For accounts that have normal balance side. Date Accounts and Explanation Debit Credit Dec. 31 Service Revenue 180,300 Retained Earnings 180,300 To close Revenue Date Accounts and Explanation Debit Credit Dec. 31 Retained Earnings 15,000 Dividends 15,000 To close Dividends Date Accounts and Explanation Debit Credit Dec. 31 Retained Earnings 15,000 Dividends To close Dividends 15,000 Date Accounts and Explanation Debit Credit Dec. 31 Retained Earnings 54,000 Selling Expenses 10,000 Advertising Expense 5,000 Salaries Expense 7,000 Depreciation Expense--Furniture 4,000 Utilities Expense 4,000 Income Tax Expense 3,000 Rent Expense 18,000 Insurance Expense 2,000 Supplies Expense 1,000 To close expenses Date Explanation Balance Dec 31 To Close Revenues Dec. 31 To Close Expenses Dec. 31 To Close Dividends Retained Earnings Ref. Debit Credit 54000 15000 180300 Ref. Debit Credit Service Revenue Date Explanation Balance Dec 31 To Close Revenues Date Selling Expenses Explanation Balance Ref. Debit 10,000 To Close Expenses 180,300 0 Balance 180300 20820 126,000 Balance 180,300 Credit Balance 10,000 0 Date Date Balance: Explanation Selling Expenses Ref. Debit To Close Expenses Explanation Balance Dec. 31 To Close Expenses Advertising Expense Credit Balance 10,000 10,000 Ref. Debit Salaries Expense Date Explanation Ref. Debit Balance Dec. 31 To Close Expenses Credit Balance 5,000 5,000 Credit Balance 7,000 7,000 Date Balance Depreciation Expense - Furniture Explanation Dec. 31 To Close Expenses Ref. Debit 4,000 Credit Balance 4,000 Utilities Expense Date Explanation Ref. Debit Credit Balance Balance 4,000 4,000 Dec 31 To Close Expenses Date Explanation Balance Dec. 31 To Close Expenses Income Tax Expense Ref. Debit Credit Balance 3,000 3,000 Date Balance Depreciation Expense - Furniture Explanation Dec. 31 To Close Expenses Ref. Debit 4,000 Credit Balance 4,000 Utilities Expense Date Explanation Ref. Debit Credit Balance Balance 4,000 4,000 Dec 31 To Close Expenses Date Explanation Balance Dec. 31 To Close Expenses Income Tax Expense Ref. Debit Credit Balance 3,000 3,000 Date Balance Explanation Rent Expense Ref. Debit Dec 31 To Close Expenses Date Explanation: Balance Dec. 31 To Close Expenses Insurance Expense Ref. Debit 18,000 Supplies Expense Date Explanation Ref. Debit Balance Dec 31 To Close Expenses 2,000 1,000 Credit Balance 18,000 Credit Balance 2,000 Credit Balance 1,000 Date Explanation Ref. Debit Balance Dec. 31 To Close Expenses Date Explanation Balance Dec. 31 To Close Expenses Insurance Expense 18,000 Credit Balance 18,000 Ref. Debit Credit Balance 2,000 Supplies Expense Date Explanation Balance Dec 31 To Close Expenses Date: Dec 31 Balance 2,000 Ref. Debit Credit Balance 1,000 1,000 Dividends Explanation To Close Dividends Ref. Debit 15,000 Credit Balance 15,000