Current Attempt in Progress On December 31, the adjusted trial balance of Larkspur, Inc. shows the following selected data: Accounts receivable Interest expense $9,000 12,880 Service revenue Interest payable $ 107,700 6,430 Analysis shows that adjusting entries had been made, and included above, for (1) $9,000 of services performed but not billed, and (2) $6,430 of accrued but unpaid interest. Prepare the closing entries for the temporary accounts at December 31. (Credit account titles are automatically indented when 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.) Debit Credit Date Account Titles and Explanation Dec. 31 Service Revenue 10700 10700 Income Summary (To close revenue account) Income Summary Dec. 31 12880 12880 Interest Expense (To close expense account) e Textbook and Media List of Accounts Prepare the reversing entries on January 1. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry"for the account titles and enter for the amounts.) Debit Credit Date Account Titles and Explanation Jan. 1 Service Revenue 9000 Accounts Receivable 9000 (To reverse revenue accrual) Jan. 1 Interest Payable 6430 Interest Expense 6430 (To reverse interest expense accrual) e Textbook and Media List of Accounts --/2.5 Question Part Score Prepare the entries to record (1) collection of the service revenue on January 10, and (2) the $6,430 payment of interest due on January 15. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry"for the account titles and enter for the amounts.) Date Credit Debit Account Titles and Explanation Cash Service Revenue Interest Expense Cash Question Part Score --/2.5 Enter the adjusted trial balance data in the four accounts using Taccounts, and post the entries from (a), (b) and (d). (Post entries in the order of journal entries presented in the previous part.) Accounts Receivable Interest Payable Service Revenue Interest Expense e Textbook and Media List of Accounts --/2.5 Question Part Score