Proper Printers has journalized their adjusting entries and prepared their adjusted trial balance. Using the adjusted trial balance, prepare the closing entries using the income summary account for the month of February.

Proper Printers Adjusted Trial Balance February 28, 2019
Account Title	Debit	Credit
Cash	$7,700
Accounts Receivable	$3,200
Prepaid Insurance	$3,600
Accounts Payable		$1,900
Unearned Revenue		$1,700
Perry, Capital		$7,990
Perry, Withdrawals	$2,400
Service Revenue		$7,480
Advertising Expense	$370
Insurance Expense	$690
Rent Expense	$1,110
Total	$19,070	$19,070

No comma or dollar sign should be included in the input field. For the closing of the expense accounts, enter the expense accounts in alphabetical order.

Date	Account Title and Explanation	Debit	Credit
Feb 28	AnswerAccounts PayableAccounts ReceivableAccumulated DepreciationAdvertising ExpenseCashIncome SummaryInsurance ExpensePerry, CapitalPerry, WithdrawalsPrepaid InsuranceRent ExpenseService RevenueUnearned Revenue	Answer
	AnswerAccounts PayableAccounts ReceivableAccumulated DepreciationAdvertising ExpenseCashIncome SummaryInsurance ExpensePerry, CapitalPerry, WithdrawalsPrepaid InsuranceRent ExpenseService RevenueUnearned Revenue		Answer
	Close revenue accounts
Feb 28	AnswerAccounts PayableAccounts ReceivableAccumulated DepreciationAdvertising ExpenseCashIncome SummaryInsurance ExpensePerry, CapitalPerry, WithdrawalsPrepaid InsuranceRent ExpenseService RevenueUnearned Revenue	Answer
	AnswerAccounts PayableAccounts ReceivableAccumulated DepreciationAdvertising ExpenseCashIncome SummaryInsurance ExpensePerry, CapitalPerry, WithdrawalsPrepaid InsuranceRent ExpenseService RevenueUnearned Revenue		Answer
	AnswerAccounts PayableAccounts ReceivableAccumulated DepreciationAdvertising ExpenseCashIncome SummaryInsurance ExpensePerry, CapitalPerry, WithdrawalsPrepaid InsuranceRent ExpenseService RevenueUnearned Revenue		Answer
	AnswerAccounts PayableAccounts ReceivableAccumulated DepreciationAdvertising ExpenseCashIncome SummaryInsurance ExpensePerry, CapitalPerry, WithdrawalsPrepaid InsuranceRent ExpenseService RevenueUnearned Revenue		Answer
	Close expense accounts
Feb 28	AnswerAccounts PayableAccounts ReceivableAccumulated DepreciationAdvertising ExpenseCashIncome SummaryInsurance ExpensePerry, CapitalPerry, WithdrawalsPrepaid InsuranceRent ExpenseService RevenueUnearned Revenue	Answer
	AnswerAccounts PayableAccounts ReceivableAccumulated DepreciationAdvertising ExpenseCashIncome SummaryInsurance ExpensePerry, CapitalPerry, WithdrawalsPrepaid InsuranceRent ExpenseService RevenueUnearned Revenue		Answer
	Close income summary account
Feb 28	AnswerAccounts PayableAccounts ReceivableAccumulated DepreciationAdvertising ExpenseCashIncome SummaryInsurance ExpensePerry, CapitalPerry, WithdrawalsPrepaid InsuranceRent ExpenseService RevenueUnearned Revenue	Answer
	AnswerAccounts PayableAccounts ReceivableAccumulated DepreciationAdvertising ExpenseCashIncome SummaryInsurance ExpensePerry, CapitalPerry, WithdrawalsPrepaid InsuranceRent ExpenseService RevenueUnearned Revenue		Answer
	Close owner's withdrawals