Harvery Tilman Enterprises

The following balances appear on the books of Harvey Tilman Enterprises Timan, Capital, 529.500 Tilman Withdrawals, 55.900Income Summary 10, Service Revenus, $21.700, Salaries Expense, 57300, Rost Expense 53.000, and Advertising Expense 3.300 All accounts have normal balances Read the requirements Requirements 1, 2 and 3. The Taccounts have been set up for you. Insteach accounts adjusted balance as given (denote an Ad Balat December 31. Pout the closing entries to the accounts, denoting posted amounts as Clos Compute the ending balance of Retained Earnings First, enter and the adjusted balance of each account as given. Then post any closing entries to the accounts, using 'Closas the posting reference for each closing entry Net calculate the post-closing balance (Balo cach account including the ending balance of Retained Earnings. For any accounts with a zero balance after closing, enter a "on the normal side of the account. For income Summary calculate and enter the balance (Bal) before posting the entry to close out the account Post the entry to close Income Sumary account on the same line as you entered the balance prior to closing the second line) and then show the post closing balance (Bal) on the last third line of the account Tilman, Capital Service Revenge X Requirements Bal Clos Tilman, Withdrawals Sales Expense 1. The Taccounts have been set up for you insteach account's adjusted balance as given to as Ad Bal) at December 31 2. Post the closing entries to the accounts, denoting posted amounts as clos 3. Compute the ending balance of Tinan, Capital Income Summary Rent Expense Print Done Advertising Expense