Problem: At March 31, 2019, account balances after adjustments for Maddux Cinema are as follows: Accounts Balances Cash $ 18,000 Concession supplies 12,000 Theatre equipment 1,50,000 Accumulated depreciation-theatre equipment 36,000 Accounts payable 15,000 N. Maddux, capital 20,000 N. Maddux, drawings 36,000 Admission ticket revenues 1,80,000 Popcorn revenues 1,11,000 Candy revenues 57,000 Advertising expense 36,000 Concession supplies expense 57,000 Depreciation expense 12,000 Film rental expense 48,000 Rent expense 36,000 Salaries expense 39,000 Utilities expense 15,000 Instructions a. Prepare the closing journal entries for Maddux Cinema. (5 marks) b. Prepare a post-closing trial balance. (5 marks) Problem: At March 31, 2019, account balances after adjustments for Maddux Cinema are as follows: Accounts Balances Cash $ 18,000 Concession supplies 12,000 Theatre equipment 1,50,000 Accumulated depreciation-theatre equipment 36,000 Accounts payable 15,000 N. Maddux, capital 20,000 N. Maddux, drawings 36,000 Admission ticket revenues 1,80,000 Popcorn revenues 1,11,000 Candy revenues 57,000 Advertising expense 36,000 Concession supplies expense 57,000 Depreciation expense 12,000 Film rental expense 48,000 Rent expense 36,000 Salaries expense 39,000 Utilities expense 15,000 Instructions a. Prepare the closing journal entries for Maddux Cinema. (5 marks) b. Prepare a post-closing trial balance