Prepare the closing entries. L. Sandhill did not make any additional investments during the year. (Credit occount titles are outomatically indented when amount is entered, Do not indent manually. If no entry is required, select "No Entry" for the occount tities and enter 0 for the amounts) Enter the balances from the adjusted trial balance and post the closing entries and calculate the balances of the accounts. (Post entries in the ander af inumal entriae nuracentad in the nvendau mane I 112 Accounts Receivable 130 Prepaid lnsurance 157 Equipment 158 Accumulated Depreciation-Equip. 201 Accounts Payable 212 Salaries and Wages Payable 301 Owner's Capital 306 Owner's Drawings 400 Service Revenue