Required information [The following information applies to the questions displayed below.] Crimson Tide Music Academy offers lessons in playing a wide range of musical instruments. The unadjusted trial balance as of December 31, 2021, appears below. December 31 is the company's fiscal year-end. Credits Debits $ 10,300 9,500 0 2,000 7,200 78,000 20,000 $ Accounts Cash Accounts Receivable Interest Receivable Supplies Prepaid Rent Land Notes Receivable Accounts Payable Salaries Payable Deferred Revenue Utilities Payable Common Stock Retained Earnings Service Revenue Interest Revenue Salaries Expense Rent Expense Supplies Expense Utilities Expense Totals 7,700 0 5,300 0 79,000 19,700 42,200 0 24,500 0 2,400 $ 153,900 $153,900 In addition, the company had the following year-end adjusting entries. Totals $153,900 $153,900 In addition, the company had the following year-end adjusting entries. Credits Debits 2,100 2,100 800 800 1,300 a. Salaries Expense Salaries Payable b. Interest Receivable Interest Revenue c. Supplies Expense Supplies d. Deferred Revenue Service Revenue e. Rent Expense Prepaid Rent f. Utilities Expense Utilities Payable 1,300 3,300 3,300 5,400 5,400 200 200 5. Record closing entries. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" account field.) account field.) View transaction list Journal entry worksheet 1 2 > Record the entry to close the revenue accounts. Note: Enter debits before credits. Date General Journal Debit Credit December 31, 2021 Service Revenue Accumulated Depreciation Record entry Clear entry View general journal account field.) View transaction list 5 Journal entry worksheet es Record the entry to close the expense accounts. Note: Enter debits before credits. Date General Journal Debit Credit December 31, 2021 Record entry Clear entry View general journal -> Prey 17 18 nf 18 HH Next >