Discount Office Systems Adjusted Trial Balance March 31, 2018 Balance Debit Credit $ 3,200 13,400 31,900 6.700 42,000 Account Title Cash Accounts Receivable Merchandise Inventory Office Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries Payable Notes Payable, long-term Common Stock Retained Earnings Dividends Sales Revenue S 13,800 9.700 850 8.100 22,000 2.450 42,500 232,000 Print Done Dok Air F7 F8 F9 F10 Fll 12 Data Table Cash $ Accounts Receivable 3,200 13,400 31,900 6,700 42,000 13,800 Merchandise Inventory Office Supplies Equipment Accumulated Depreciation Equipment Accounts Payable Salaries Payable Notes Payable, long-term Common Stock Retained Earnings Dividends 9,700 850 8,100 22,000 2,450 42.500 Sales Revenue 232,000 Cost of Goods Sold Selling Expense Administrative Expense Interest Expense 104,400 27,700 14,500 2,600 Total 288,900 $ 288,900 Print Done ok Air Requirement 1. Joumalize the required closing entries at March 31, 2018. (Record debits first, then credits. Select the Start by closing revenues. Do not close expenses or contra-revenue accounts; we will do this in the next step. Date Accounts and Explanation Debit Credit Mar. 31 Clos. (1) Close expenses and other temporary accounts for the period. Date Accounts and Explanation Debit Credit Mar. 31 Clos. (2) Close Income Summary Choose from any list or enter any number in the input fields and then continue to the next question. 1 of 5 (0 complete) Discount Office Systems uses a perpetual inventory system. The adjusted trial balance of Discount Office Systems at March 31, 2018, follows (Click the icon to view the adjusted trial balance.) Read the requirements. Close Income Summary Date Accounts and Explanation Debit Credit Mar. 31 Clos. (3) Close Dividends. Date Accounts and Explanation Debit Credit Mar. 31 Clos (4) Requirement 2. The following T-accounts have been set up: Income Summary: Retained Earnings; and Dividends. Post the closing Requirement 2. The following accounts become Summary Red Eming and des Poste doing this to the accounts and their ending on Un "Closed the coresponding numbers shown in the journal arby aspodingueres 2 These belance of each court has been entered for you. For any account with robot or on the normal side of the court For Income Sayed the below fore posting the entry to the account Post the way to lose Income Summary out the interne begro doing the bride and the show the poldning the last of the Row the desingumo you preprehe Dividende Retained Barnings Income AGB 19.00 2450 Bal Requirement 3. How much was become count minutos en continue to the bus MacBook Air 3 30 883 IN 41 $ 4 % 5 8 7 7 2 * 8 3 6 9 O" 1 Q w E R T Y U 0 S D F F G H L ock