Exercise 194 At March 31, account balances after adjustments for Wide Screen are as follows: Account Balances Accounts (After Adjustment) Cash $11,000 Supplies 4,000 Equipment 50,000 Accumulated Depreciation-Equipment 12,000 Accounts Payable 5,000 Owner's, Capital 20,000 Owner's, Drawings 8,000 Ticket Revenue 59,000 Service Revenue 55,000 Advertising Expense 18,800 Supplies Expense 17,000 Depreciation Expense 4,000 Rent Expense 26,000 Salaries and Wages Expense 24,000 Utilities Expense 5,200 Prepare the closing journal entries for Wide Screen. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit Mar. 31 (To close revenue account.) Mar. 31 Prepare the closing journal entries for Wide Screen. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit Mar. 31 (To close revenue account.) Mar. 31 (To close expense accounts) Mar. 31 (To transfer net income to capital) Mar. 31 (To close drawings to capital) Click if you would like to Show Work for this question: Open Show Work