Chandler, Inc. is owned by Roscoe Chandler and provides appraisal services to individuals and companies wishing to purchase and sell fine art. Chandler, Inc. began business on January 1. 2017, and is just completing its first year of business. Roscoe asks for your help in completing the accounting cycle for the company by assisting with the closing process Chart of Accounts CHART OF ACCOUNTS Chandler, Inc. General Ledger ASSETS 11 Cash 12 Accounts Receivable 15 Prepaid Insurance 18 Office Equipment 19 Accumulated Depreciation-Office Equipment LIABILITIES 21 Accounts Payable 23 Salaries Payable 24 Income Taxes Payable REVENUE 41 Fees Earned 42 Rent Revenue 43 Interest Revenue EXPENSES 51 Salaries Expense 52 Selling Expense 53 Income Taxes Expense 55 Insurance Expense 56 Depreciation Expense 59 Miscellaneous Expense