PROBLEM #3 Susan White has her own business as a performer at children's birthday parties. She can dress up and perform as a clown, or she can perform as a magician. Kids love her. Her business is set up as a sole proprietorship with a fiscal year end of June 30. Below are account balances as of June 30, 2003., in ALPHABETICAL order. REQUIRED: a) Please prepare CLOSING journal entries for year-end AND b) Prepare a post-closing Trial Balance as of June 30, 2003. Balance Account at year end Cash 1,750 A/R 425 Supplies 1,657 Equipment 2,700 Automobile 8,500 Accumulated Depreciation 4,500 A/P 2,950 Unearned revenue 550 Capital -- Susan White 6,319 Withdrawals - Susan White 23,500 Magician revenue 18,335 Clown revenue 7,950 Miscellaneous revenue 770 Advertising Expense 890 Depreciation Expense (Auto) 550 Supplies Expense 252 Miscellaneous expense 665 Wardrobe expense 485