Prepare a post Closing trial balance as of March 31.

Adjusted Trial Balance

Account	Account	Balance
Number	Title	Debit	Credit
111	Cash	18,060
411	Bicycle Repair Revenue		5,350
117	Prepaid Insurance	2,200
511	Store Rent Expense	1,900
119	Repair Supplies	200
512	Telephone Expense	340
144	Repair Equipment	5,800
513	Insurance Expense	200
145	Accum. Depr.-Repair Equipment		120
212	Accounts Payable		5,050
515	Depr. Exp.-Repair Equipment	120
213	Income Taxes Payable		65
516	Income Taxes Expense	65
514	Repair Supplies Expense	450
311	Common Stock		20,000
517	Electric Expense	250
313	Dividends	1,000

Closing Entries

Date	Account Number from Chart of Accounts tab	Account Title from Chart of Accounts tab	Debit	Credit
31-Mar	411	Bicycle Repair Revenue	5,350
		To Income Summary		5,350
31-Mar		Income summary	3,325
	511	To Store Rent Expense		1,900
	512	To Telephone Expense		340
	513	To Insurance Expense		200
	515	To Depr. Exp. - Repair Equipment		120
	514	To Repair Supplies Expense		450
	517	To Electric Expenese		250
	516	To Income Tax Expense		65
31-Mar		Income summary	2,025
	313	Retained Earnings		2,025
31-Mar	313	Retained Earnings	1,000
		To Dividends		1,000