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After all adjustments have been made, but before the accounts have been closed, the following balances were taken from the ledger of Ramona's Designs: Accounts

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After all adjustments have been made, but before the accounts have been closed, the following balances were taken from the ledger of Ramona's Designs: Accounts Payable $27,600 Rent Expense $32,700 Accounts Receivable 64,500 Salary Expense 41,390 Accumulated Depreciation 73,325 Salaries Payable 8,150 Cash 17,150 Service Revenue 186,000 Depreciation Expense Supplies 13,500 1,500 Equipment 165,000 Supplies Expense 2,500 Insurance Expense 2,510 Common Stock 79,950 Prepaid Insurance Dividends 6,275 48,000 Retained Earnings 20,000 Journalize the entries to close the appropriate accounts. If an amount box does not require an entry, leave it blank. Stock 79,950 Prepaid Insurance 6,275 Dividends 48,000 Retained Earnings 20,000 Journalize the entries to close the appropriate accounts. If an amount box does not requ Accounts Receivable Cash Common Stock Equipment Service Revenue 48,000 Retained Earnings 20,000 Journalize the entries to close the appropriate accounts. If an amount box does not re Accounts Receivable Cash Common Stock Depreciation Expense Equipment J8uPhalize the entries to close the appropriate accounts. If an amount box does not require Accounts Receivable Cash Common Stock Insurance Expense Equipment Journalize the entries to close the appropriate accounts. If an amount box does not require a Accounts Receivable Cash Common Stock Equipment Rent Expense Dividends 6,275 48,000 Retained Earnings 20,000 Accounts Receivable close the appropriate accounts. If an amount box does not requ Jou Cash Common Stock Equipment Salary Expense 48,000 Retained Earnings 20,000 Joualiaa close the appropriate accounts. If an amount box does not require an em Accounts Receivable Cash Common Stock Equipment Supplies Expense ize the entries to close the appropriate accounts. If an amount box does not require an entry, leave it Accounts Receivable Cash Common Stock Equipment Retained Earnings 20,000 Journalize the entries to close the appropriate accounts. If an amount box does not require an entry, Accounts Receivable Cash Common Stock Equipment Retained Earnings 20,000 Journalize the entries to close the appropriate accounts. If an amount box does not require Accounts Receivable Cash Dividends Equipment Prepaid Insurance

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