MOSESS GROUND MAINTENANCE, INC. PRACTICE SET Need help with Assignment #7: Closing Entries (10 points) In proper General Journal format prepare the closing entries for YOUR Accounting Corporation. Post the closing entries to the General Ledger Accounts, use appropriate posting references. I have the correct ADjsuted Trial Balance just not sure which accounts go $0.00

MOSES'S GROUND MAINTENANCE, INC ADJUSTED TRIAL BALANCE September 30, 2018
										DEBIT		CREDIT
								Cash		77,838.58
	Petty Cash		150.00
	Accounts Receivable		5,000.00
	Inventory		2,410.00
	Prepaid Insurance		1,640.00
	Lawn Equipment		8,350.00
	Accumulated Depreciation Lawn Equipment				611.11
	Truck		35,000.00
	Accumulated Depreciation Truck				1,595.00
	Trailer		10,000.00
	Accumulated Depreciation Trailer				633.00
	Accounts Payable				4,515.00
	Customer Deposits (Unearned Revenue)				1,800.00
	SALES TAX PAYABLE				18.00
	FICA Payable				91.80
	FUTA Payable				18.00
	Federal Income Tax Payable				90.00
	State Income Tax Payable				18.00
	Current Maturities of Long-Term Debt				7,778.18
	Notes Payable (long-term)				35,372.23
	Interest Payable				151.32
	Salaries Payable
	Common Stock ($1 par value)				50,500.00
	Additional Paid-in Capital on Common Stock				51,000.00
	Retained Earnings
	Dividends		6,000.00
	Sales Revenue				2,835.00
	Services Revenue				13,150.00
	Cost of Goods Sold		1,890.00
	Accounting Services Expense		7,925.00
	Sales Discounts
	Advertising & Promotion Expense		3,500.00
	Depreciation Expense		2,839.11
	Subscription Expense		36.00
	Insurance Expense		460.00
	Legal Expnese		2,500.00
	Meals & Entertainment Expense		25.00
	Taxes and Licenses		125.00
	Telephone Expense		1,220.00
	Utilities Expense		975.00
	Fuel Expense		375.00
	Interest Expense		1,039.05
	Payroll Tax Expense		78.90
	Wages Expense		800.00
	Income Summay
			170,176.64		170,176.64