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Activity 3.c - Post to the ledger. T-accounts have been opened using the balances from the adjusted trial balance. Post the closing entries to the

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Activity 3.c - Post to the ledger. T-accounts have been opened using the balances from the adjusted trial balance. Post the closing entries to the t-accounts and calculate ending balances for each account. For accounts that have a zero balance, enter the zero on the normal balance side. Use the acronym for closing entries as post references and include Bal. references where appropriate. For the Income Summary account, calculate and enter the Balance (Bal.) before posting the entry to close out the account. Date Accounts and Explanation Debit Credit Date Accounts and Explanation Debit Credit Dec. 31 Service Revenue 100.000 Income summary 4G.COD 100,600 Re mined Carrings 45,056 Date Accounts and Explanation Debit Credit Date Accounts and Explanation Debit Credit Dec. 3 Retained Earnings 12.000 Dec. 3 Income Summary 54,000 Dividends 10,090 Depreciation Expense-fumiture 9050 Interest Expense 12,0DO 5030 Salaries Expense 10,000 Supplies Expense To close Expenses 4:dj nal 9,100 E 5,000 E Bal. Dividends Service REVENUE Adj Eal 18,000 100,000 Adj Bal. Bal. Bal nterest Expense Salaries Expense Adj Eal 12,DOC 12000 108 1FV 10.000 10000 V Bal. BAL V Retained Camrings Income Summary D D 43000 E Supplies Expense Adj Fal 18,100 CHECK ANSWER SKIP TO NEXT RESET O Incorrect. Try reviewing the Hint to better understand the goal of this activity

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