Exercise 4-8 (Part Level Submission) Tim Sheridan started Sheridan Roof Repairs on April 2, 2017, by investing $4,300 cash in the business. During April, the following transactions occurred: Apr. 6 Purchased supplies for $1,500 cash. 15 Repaired a roof for a customer and collected $1,100 cash. 25 Received $2,350 cash in advance from a customer for roof repairs to his house and garage. On April 30, 2017, the following information was available: 1. Earned but unbilled revenue at April 30 was $850. 2. There is $650 of supplies on hand. 3. Of the $2,350 received on April 25, the company has earned $800 by completing repairs to the garage roof. Assuming the company closes its books on a monthly basis, journalize and post closing entries. (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.) Date Account Titles and Explanation Debit Credit Apr. 30 (To close revenue account) Apr. 30 (To close expense account) Apr. 30 (To close profit to capital) Cash Apr. 2 4,300 Apr. 6 1,500 Apr. 15 1,100 Apr. 25 2,350 Accounts Receivable Apr. 30 850 Supplies 1,500 Apr. 30 Apr. 6 850 Unearned Revenue Apr. 30 800 Apr. 25 2,350 Service Revenue Apr. 15 1,100 850 Apr. 30 > Tim Sheridan, Capital Tim Sheridan, Capital Apr. 2 4,300