Required Information The following information applies to the questions displayed below) Jaguar Auto Company provides general car maintenance to customers. The company's fiscal year-end is December 31 The December 31, 2021, trial balance before any adjusting entries) appears below. Credits Debita $167, 800 23,500 30, 400 27,400 129,000 Accounts Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation Accounts Payable Salaries Payable De Serred Revenue Interest Payable Notes Payable Common Stock Retained Earnings Dividends Service Revenue Salaries Expense Depreciation Expense Insurance Expense Supplies Expense Utilities Expense Interest Expense Totals $ 71,000 17, 100 0 61,700 0 30, 400 113,200 15, 100 11,500 261,000 172,500 0 0 15,400 0 $577,500 $577,500 In addition, the company had the following year-end adjusting entries. Credits Debits 11,700 11,700 5,700 2,700 5,700 a. Depreciation Expense Accumulated Depreciation b. Salaries Expense Salaries Payable C. Interest Expense Interest Payable d. Insurance Expense Prepaid Insurance e Supplies Experise Supplies f. Deferred Revenue Service Revenue 2,700 21,700 23,700 21,700 23,700 16,700 16,700 5. Record closing entries and then post them to the T-accounts provided above. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" In the first account field.) View transaction list Journal entry worksheet 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 5. Record closing entries and then post them to the T-accounts provided above. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" In the first account field.) View transaction list Journal entry worksheet