i Accounts - g entries to that ad that cause te of Reta $ but the cl $ 5,800 14,200 5,000 Webits firs y closing Accounts payable Accounts receivable Accumulated depreciation -equipment Advertising expense Cash Current portion of note payable Depreciation expense Dividends Equipment 14,400 Note payable, long term 16,900 Other assets Prepaid expenses 7,000 Retained earnings, 10.900 March 31, 2019 7,200 Salary expense. Salary payable 900 Service revenue 1,900 Share capital 30,000 Supplies 43,400 Supplies expense 500 Unearned service revenue 22,000 18,000 2,700 92,500 7,700 3,400 4,300 2,700 Insurance expense Print Done then continue to the next question The accounts of Spa View Services to March 1, 2020, we listed in alphabetical order Click the icon to view the accounts Requirements 1. All adustments have been used and posted, but the closing entries have not been made Journaire Spa Vuw lid closing entries at March 31, 2020 2. AT account for Retained Earnings has been set up for you. Post to that account the compute Spa View's not income for the year ended March 31, 2020. What is the ending balance of Retained Earnings? 3. Did Retained Earnings increase or decrease during the year? What caused the increase of the decrease? Requirement 1. Al adjustments have been jumalzed and posted, but the closing entries have not been made. Journalce Spa View Lid's closing entries at March 31, 2020 (Record debits first, then credits. Record the closing entries for Spa View at March 31, 2020 Begin by closing the revenue account Journal Entry Debit Credit Date Accounts (1) March 31 Next close the expense accounts Journal Entry Accounts Date Debit Credit 2) March Choose from any list or enter any number in the input fields and then continue to the next question Type here to search