Additional information:

1.$420 of the unearned revenue has been earned by April 30, 2017.

2.The equipment has an estimated useful life of eight years.

3.Interest on the note payable is due on the first day of each month for the previous month's interest. The note payable has a 6% annual interest rate.

Question 1 The unadjusted trial balance for Sunland at its year end, April 30, 2017, is as follows: SUNLAND Trial Balance April 30, 2017 Debit Credit Cash $11,000 Accounts receivable 9,100 Prepaid rent 4,600 Equipment 24,960 Accumulated depreciation-equipment $6,240 Accounts payable 5,100 Notes payable 10,000 Unearned revenue 1,400 T. Muzyka, capital 28,590 T. Muzyka, drawings 4,000 Service revenue 16,000 Salaries expense 9,900 Interest expense 770 Depreciation expense 3,000 $67,330 $67,330Post the adjusting entries. (Post entries in the order of journal entries presented in the previous part.) Unearned Revenue Accumulated Depreciation-Equipment Service Revenue Interest Payable V V\fPrepare closing entries for the year ended. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter a for the amounts.) Dalia Account Tides and Explanation Debit Credit Apr. 30 v (To close revenue account) Apr. 30 v (To close expense accounts) Apr. 30 v (To close profit to capital) Apr. 30 v __ W __ (To close drawings account)