At March 31, 2019, account balances after adjustments for Maddux Cinema are as follows:

Accounts Balances

Cash......................................................................................................... $ 6,000

Concession supplies................................................................................... 4,000

Theatre equipment..................................................................................... 50,000

Accumulated depreciationtheatre equipment............................................ 12,000

Accounts payable...................................................................................... 5,000

N. Maddux, capital.................................................................................... 20,000

N. Maddux, drawings................................................................................. 12,000

Admission ticket revenues.......................................................................... 60,000

Popcorn revenues...................................................................................... 37,000

Candy revenues......................................................................................... 19,000

Advertising expense................................................................................... 12,000

Concession supplies expense...................................................................... 19,000

Depreciation expense................................................................................. 4,000

Film rental expense.................................................................................... 16,000

Rent expense............................................................................................. 12,000

Salaries expense........................................................................................ 13,000

Utilities expense........................................................................................ 5,000

Instructions

a. Prepare the closing journal entries for Maddux Cinema.

b. Prepare a post-closing trial balance.