At March 31, account balances after adjustments for Wide Screen are as follows:

Accounts. Account Balances

(After Adjustment)

Cash. $11,000

Supplies. 4,000

Equipment. 50,000

Accumulated DepreciationEquipment 12,000

Accounts Payable. 5,000

Owner's, Capital. 20,000

Owner's, Drawings. 8,000

Ticket Revenue. 59,000

Service Revenue. 55,000

Advertising Expense. 18,800

Supplies Expense. 17,000

Depreciation Expense. 4,000

Rent Expense. 26,000

Salaries and Wages Expense. 24,000

Utilities Expense. 5,200

I need help making the closing journal entries for Wide Screen.

No. Account Titles and Explanation. Debit. Credit

March 31

(to close revenue account)

March 31

(to close expense accounts)

March 31

(to transfer net income to capital)

March 31

(to close drawings to capital)