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Post closing entries and complete the closing process. (Post entries in the order of journal entries presented in the previous part. If ending balance is
Post closing entries and complete the closing process. (Post entries in the order of journal entries presented in the previous part. If ending balance is zero please enter on normal balance side) 3/1 3/1 3/21 Cash 15,000 3/1 6.200 3/2 1.500 3/3 3/18 3/20 3/31 3/31 7,890 Accounts Receivable 3,600 3/21 4,100 200 7,700 1,320 2.220 500 1,910 360 800 3/31 Bal. 1,500 3/14 3/28 3/31 3/31 Bal. 6,400 Supplies 1,800 3/31 300 1,500 3/6 3/31 Bal. 1,500 3/6 3/31 Bal. 440 3/2 3/31 Bal. 370 3/3 3/31 Bal. Supplies 1,800 3/31 300 Prepaid Rent 1,320 3/31 880 Prepaid Insurance 2,220 3/31 1,850 Equipment 7.700 7.700 Accumulated Depreciation-Equipment 3/31 3/31 Bal. Notes Payable 3/1 3/31 Bal. Accounts Payable 500 3/6 3/1 3/31 Bal. 230 230 6,200 6,200 3/18 1,800 3/18 1,800 1,300 1,080 1,080 Accounts Payable 500 3/6 3/31 Bal. Salaries and Wages Payable 3/31 3/31 Bal. Interest Payable 3/31 3/31 Bal. Common Stock 3/1 3/31 Bal. Retained Earnings 31 31 15,000 15,000 Dividends 3/31 800 Dividends 3/31 800 Income Summary Service Revenue 3/14 3,600 3/28 4.100 3/31 200 Maintenance and Repairs Expense 3/31 360 Cuin liar una Maintenance and Repairs Expense 3/31 360 Supplies Expense 1,500 3/31 Depreciation Expense 230 3/31 Insurance Expense 370 3/31 Salaries and Wages Expense 1,910 3/20 3/31 1,080 Salaries and Wages Expense 3/20 1,910 3/31 1,080 Rent Expense 3/31 440 Interest Expense 3/31 31
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