Practice Sheet #6 Closing Entries 1. The following accounts are from the December 31, 2017 financial statements of Operose, Inc. S 9,028 14,749 126 3,663 6413 Service revenue Other revenues Salaries expense Cash Accounts Interest expense Accounts payable Advertising revenue Long-term debt Other expenses Unearned revenue 7.733 16,523 3,213 884 3,874 tax 15,023 040t Prepare closing entries for Operose lr Shth,wthdawals $oo Practice Sheet #6-Closing Entries Sweetie Pies by Verr Adjusted Trial Balance At September 30, 2017 Account Name Debits 240 Accounts receivable 4,800 630 Cookware 60 Accounts payable Unearned revenue 140 Income tax payable Interest payable 100 Owner's equity Owner's withdrawals Pie revenue Supplies expense 100 Interest ex Totals 2. Prepare closing entries for Sweetie Pies by Vern. Practice Sheet #6-Closing Entries Jo-Jo's Yo-Yos Adjusted Trial Balance December 31, 2017 Account Name Debits Accounts receivable Supplies 1,800 670 Accounts payable 210 750 Unearned consulting revenue Jo-Jo, Capital Consulting revenue Rent revenue Salaries expense Rent expense Supplies expense Utilities ex Insurance ex 100 2. Prepare closing entries for Jo-Jo's Yo-Yos