Q3. (B). Prepare closing entries. (LO 2) E4-11 Selected accounts for Michelle's Salon are presented on the next page. All June 30 postings are from closing entries. Salaries and Wages Expense 6/10 3,2006/30 8,800 6/30 6/28 5,600 Service Revenue Retained Earnings 18,1006/15 9,700 6/30 2,2006/ 1 12,000 6/24 8,400 6/30 5,400 Bal. 15,200 Rent Expense Dividends 3,000 6/30 3,000 6/13 1,000 6/30 2,200 6/25 1,200 Supplies Expense 6/12 600 6/30 6/24 300 900 6/1 Instructions (a) Prepare the closing entries that were made. (b) Post the closing entries to Income Summary