Edwards Corporation operates hair salons under various brand names. The following is a simplified list of accounts and amounts (in millions) reported in the companys accounts for the year ended June 30, 2013.

Accounts Payable

$

68

Accounts Receivable

57

Accumulated Amortization

38

Accumulated DepreciationEquipment

77

Amortization Expense

19

Cash

198

Common Stock

380

Depreciation Expense

73

Equipment

680

Income Tax Expense

19

Interest Expense

38

Inventories

148

Note Payable (long-term)

154

Note Payable (short-term)

118

Office Expenses

190

Prepaid Rent

72

Rent Expense

320

Retained Earnings

620

Salaries and Wages Expense

520

Salaries and Wages Payable

158

Service Revenue

1,580

Software

730

Supplies Expense

129

Required:

2.

1.Prepare an adjusted trial balance at June 30, 2013

Prepare the closing entry required at June 30, 2013. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

3.	Prepare a post-closing trial balance at June 30, 2013.