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Instructions A partial work sheet for the month ended june 30, 20-for Adams' Shoe Shine is shown Adams' Shoe Shine Work Sheet(Partian For Month Ended

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Instructions A partial work sheet for the month ended june 30, 20-for Adams' Shoe Shine is shown Adams' Shoe Shine Work Sheet(Partian For Month Ended June 30, 20 INCOME STATEMENT DEBIT INCOME STATEMENT BALANCE SHEET BALANCE SHEET 2 ACCOUNT TITLE CREDIT DERIT CREDIT Cash 3.262.00 + Accounts Receivable 1.2400 HOOD 640.00 Supplies Prepaid Insurance 7 Office Equipment 8 Accumulated Depreciation Office Equipment Accounts Payable 2,100.00 110.00 1,850.00 280.00 6,000.00 10 Wages Payable 11 Mary Adams, Capital Mary Adams, Drawing 2,000.00 Instructions Service Fees 4,815.00 1,080.00 34.00 900.00 322.00 133.00 14 Wages Expense 15 Advertising Expense 15 Rent Expense 13 Supplies Expense 18 Phone Expense 19 Utilities Expense 20 Insurance Expense 1 Gas and Oil Expense 22 Depreciation Expense-Office Equipment 23 Miscellaneous Expense 102.00 120.00 88.00 110.00 98.00 34 4,813.00 10,046,00 8.220.00 25 Net Income 2.987.00 1,826.00 $4,813.00 1,826.00 $4,813.00 $10,046,00 26 $10,046.00 Required: 1. Prepare closing entries 2. Post the closing entries to the accounts

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