Cash $14,964 Accounts Receivable 10,904 Supplies 812 Prepaid Insurance 2,900 Equipment 18,560 Accumulated Depreciation-Equipment $5,568 Accounts Payable 6,728 Salaries and Wages Payable Unearned Rent Revenue Common Stock Retained Earnings Dividends 1,276 696 17,400 6,496 6,728 Service Revenue 40,136 Rent Revenue 16,704 Salaries and Wages Expense 20,996 Supplies Expense 2,088 Rent Expense 13,920 Insurance Expense 1,740 Depreciation Expense 1,392 $95,004 $95,004 Prepare the closing entries for the temporary accounts at March 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter O for the amounts.) No. Account Titles and Explanation Debit Credit 1. Service Revenue Rent Revenue Income Summary (To close revenue accounts.) 2. Income Summary Salaries and Wages Expense Supplies Expense Rent Expense Insurance Expense Depreciation Expense (To close expense accounts.) 3. Income Summary: Retained Earnings 3. 4. Salaries and Wages Expense Supplies Expense Rent Expense Insurance Expense Depreciation Expense (To close expense accounts.) Income Summary Retained Earnings (To close net income/(loss).) Retained Earnings Dividends (To close dividends account.)