Question 7 of 9 Dr. Cr. Dr. Cr. Cash $11,320 $11,320 Accounts Receivable 8,930 9,580 Supplies 2,630 1,330 Prepaid Insurance 4,000 2,640 Equipment 16,000 16,000 Accumulated Depreciation-Equipment $3,600 $4,800 Accounts Payable 5,800 5,800 Salaries and Wages Payable 0 1,500 Unearned Rent Revenue 2,070 1,140 Common Stock 12,390 12,390 Retained Earnings 5,340 5,340 Dividends 2.750 2,750 Service Revenue 32,590 33,240 Rent Revenue 13,320 14.250 Salaries and Wages Expense 16,870 18,370 Supplies Expense 0 1,300 Rent Expense 12.610 12,610 Insurance Expense 0 1,360 Depreciation Expense 0 1,200 Depreciation Expense 0 1,200 $75,110 $75,110 $78,460 $78,460 Prepare the closing entries for the temporary accounts at August 31. (If no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Aug. 31 (To close revenue accounts) Aug. 31 Question 7 of 9 Dr. Cr. Dr. Cr. Cash $11,320 $11,320 Accounts Receivable 8,930 9,580 Supplies 2,630 1,330 Prepaid Insurance 4,000 2,640 Equipment 16,000 16,000 Accumulated Depreciation-Equipment $3,600 $4,800 Accounts Payable 5,800 5,800 Salaries and Wages Payable 0 1,500 Unearned Rent Revenue 2,070 1,140 Common Stock 12,390 12,390 Retained Earnings 5,340 5,340 Dividends 2.750 2,750 Service Revenue 32,590 33,240 Rent Revenue 13,320 14.250 Salaries and Wages Expense 16,870 18,370 Supplies Expense 0 1,300 Rent Expense 12.610 12,610 Insurance Expense 0 1,360 Depreciation Expense 0 1,200 Depreciation Expense 0 1,200 $75,110 $75,110 $78,460 $78,460 Prepare the closing entries for the temporary accounts at August 31. (If no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Aug. 31 (To close revenue accounts) Aug. 31