1. One month of prepaid rent has expired.
2. Record appropriate insurance expense for the period ending May 31.
3. Depreciation expense for the two months ending May 31 totaled $2,420 - Building $1,620, Computer Equipment $100, Kayaks $600, Paddle Boards $100.
4. Katie worked 16 hours on May 30 and 31 for which she has not been paid
5. A physical count show $165 of office supplies on hand at May 31.

Could someone please help me with the closing entries and post closing. Net income should be 13,395 at end

Chesapeake Bay Kayak Rentals Trial Balance 31-May-19 Adjusting Entries Debit Credit Closing Entries Debit Credit Credit Unadjusted Debit Credit 23,640 4,500 4,800 4,800 600 250,000 80,000 400 1,200 435 Adjusted Debit 23,640 4,500 4,400 3,600 165 250,000 80,000 1,620 1,620 2,800 2,800 100 100 Post-Closing Debit Credit 23,640 4,500 4,400 3,600 165 250,000 80,000 1,620 2,800 100 13,700 600 3,600 100 250 240 6,600 1,500 72,000 290,000 13,700 13,700 3,600 3,600 Cash Accounts Receivable Prepaid Insurance Prepaid Rent Office Supplies Land Building Accumulated Depreciation - Building Computer Equipment Accumulated Depreciation - Computer Equipment Kayaks (equipment) Accumulated Depreciation - Kayaks Paddle Boards (equipment) Accumulated Depreciation - Paddle Boards Accounts Payable Wages Payable Note Payable Unearned Revenue Common stock Paid In Capital In Excess of Par Retained Earnings Rental Revenue Advertising Expense Depreciation Expense Insurance Expense Rent Expense Supplies Expense Utilities Expense Telephone Expense Wages Expense Income Summary 250 6,600 1,500 72,000 290,000 100 250 240 6,600 1,500 72,000 290,000 25,430 25,430 25,430 600 2,420 400 1,200 435 1,200 600 2,420 400 2,400 435 370 340 5,070 600 2,420 400 2,400 435 370 340 5,070 370 340 4,830 240 TOTALS 395,780 395,780 4,695 4 ,695 398,440 398,440 398,440 3 98,440