Regis Corporation operates hair salons under various brand names including Supercuts, Mia & Maxx, and Style America. The following is a simplified list of accounts and amounts (in millions) reported in the company's accounts for the year ended June 30, 2013 Accounts Payable Accounts Receivable Accumulated Amortization Accumulated Depreciation-Equipment Amortization Expense Cash Common Stock Depreciation Expense Equipment Income Tax Expense Interest Expense Inventories Note Payable (long-term) Note Payable (short-term) Office Expenses Prepaid Rent Rent Expense Retained Earnings Salaries and Wages Expense Salaries and Wages Payable Service Revenue Software Supplies Expense $ 70 70 20 90 10 200 350 80 770 10 20 140 160 140 230 80 530 500 900 140 2,040 240 230 Prepare an adjusted trial balance at June 30, 2013. (Enter your answers in millions.) REGIS CORPORATION Adjusted Trial Balance Debit Credit (in millions) Account Titles Cash Accounts Receivable Inventories Prepaid Rent Equipment Accumulated Depreciation Equipment Software Accumulated Amortization Accounts Payable Salaries and Wages Payable Notes Payable (short-term) Notes Payable (long-term) Common Stock Retained Earnings Service Revenue Salaries and Wages Expense Rent Expense Office Expenses Supplies Expense Depreciation Expense Interest Expense Amortization Expense Income Tax Expense Totals Is the Retained Earnings balance of $500 the amount that would be reported on the balance sheet as of June 30, 2013? Yes No Prepare the closing entry required at June 30, 2013. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the closing entry on June 30, 2013. Note: Enter debits before credits. General Journal Debit Credit Date June 30, 2013 Record entry Clear entry View general journal Prepare a post-closing trial balance at June 30, 2013. (Enter your answers in millions.) REGIS CORPORATION Post-Closing Trial Balance (in millions) Debit Credit Cash Accounts Receivable Inventories Prepaid Rent Equipment Accumulated Depreciation Equipment Software Accumulated Amortization Accounts Payable Salaries and Wages Payable Notes Payable (short-term) Notes Payable (long-term) Common Stock Retained Earnings Service Revenue Salaries and Wages Expense Rent Expense Office Expenses Supplies Expense Depreciation Expense Interest Expense Amortization Expense Income Tax Expense Totals