Johanssen's Tennis reported the following selected accounts in its June 30, 2017, annual financial statements, (Click the icon to view the selected accounts and balances.) Required 1. Prepare the company's closing entries. Include explanations, 2. Prepare a T-account for Johanssen Tomas, Capital. What is the ending capital balance at June 30, 2017? Requirement 1. Prepare the company's closing entries. Include explanations. Begin with recording the entry to close out the revenue accounts (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Journal Entry Accounts Date Debit Credit -X i More Info June 30 $ $ 9.600 72,000 5,000 Next, close out the expense accounts Johanssen Tomas, Capital Service Revenue Unearned Revenues Salaries Expense Accumulated Amortization Supplies Expense Interest Revenue 120,000 Interest Expense 360,000 Accounts Receivable 5,400 Salaries Payable 200,000 Amortization Expense 154,000 Rent Expense 27,000 Johanssen Tomas, Withdrawals 6,600 Supplies 44,000 41,000 Journal Entry Date Accounts Debit Credit 104,000 6,600 June 30 Print Done Choose from any list or enter any number in the input fields and then continue to the next question. Next, close out the expense accounts Journal Entry Date Accounts Debit Credit June 30 Now, close out the income summary account, Journal Entry Date Accounts Debit Credit June 30 Finally, close out the owner's withdrawals account. Journal Entry Date Accounts Debit Credit June 30 Requirement 2. Prepare a T-account for Johanssen Tomas, Capital. What is the ending capital balance at June 30, 2017? (Enter the beginning balance on the first line. Enter the closing entries on the second line; use the third line if there is more than one closing entry per side. If a box is not used in the T-account, leave the box empty; do not enter a zero.) Johanssen Tomas, Capital Bal Bal Clo Clo Clo Clo Bal Bal Choose from any list or enter any number in the input fields and then continue to the next