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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

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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 $8,500 Accounts Receivable $2,500 Prepaid Insurance $3,500 Accounts Payable $2,300 Unearned Revenue $1,300 Perry, Capital $6,860 Perry, Withdrawals $1,600 Service Revenue $8,810 Advertising Expense $690 Insurance Expense $310 Rent Expense $2,170 Total $19,270 $19,270 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 Close revenue accounts Feb 28 Close expense accounts Feb 28 + Close income summary account Feb 28 Close owner's withdrawals Accounts Payable Accounts Receivable Accumulated Depreciation Advertising Expense Cash Income Summary Insurance Expense Perry, Capital Perry, Withdrawals Prepaid Insurance Rent Expense Service Revenue Unearned Revenue

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