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ME OURCES ment 1 3 - Study CALCULATOR Selected accounts for Concord Salon are presented below. All June 30 postings are from closing entries. Salaries

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ME OURCES ment 1 3 - Study CALCULATOR Selected accounts for Concord Salon are presented below. All June 30 postings are from closing entries. Salaries and Wages Expense 6/10 3,000 6/28 5,040 Bal. 8,040 6/30 8,040 Supplies Expense 6/12 870 6/24 690 Bal. 1,560 6/30 1,560 Service Revenue 6/30 18,2006/15 9,100 6/24 9,100 Bal. 18,200 Bal. 18,200 Rent Expense 2,900 Bal. 2,9006/30 2,900 Retained Earnings 6/30 2,850 6/1 12,100 6/30 5,700 Bal. 14,950 Dividends 6/1 CALCULATOR MESSAGE MY INSTRUCTOR FULL SCREEN PRINTER VERSION BACK 6/13 6/25 Bal Dividends 1,300 1,550 2,8506/30 2,850 Prepare the closing entries that were made. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit June 30 (To dose revenue account) June 30 (to close expense account) (To cose expense account) ALEATOR MESSAGE MY INSTRUCTOR FULL SCREEN PRINTER VERSION CRACK June 30 (To cose net income (loss)) June 30 (To cose dividends) Post the closing entries to Income Summary. (Post entries in the order of journal entries posted in the previous part of the question.) Income Summary Click if you would like to Show Work for this questions Open Show Work

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