Required information The following information applies to the questions displayed below.) Edwards Corporation operates hair salons under various brand names. The following is a simplified list of accounts and amounts (in millions) reported in the company's accounts for the year ended June 30, 2016 Accounts Payable Accounts Receivable Accumulated Amortization Accumulated Depreciation Amortization Expense Cash Common Stock Depreciation Expense Equipment Income Tax Expense Interest Expense Inventories Notes Payable (long-term) Office Expenses Prepaid Rent Rent Expense Retained Earnings Salaries and Wages Expense Salaries and Wages Payable Service Revenue Software Supplies Expense 2. Prepare the closing entry required at June 30, 2016. (Enter your answers in millions (ie., 10,000,000 should be entered as 10). 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 dosing entry on June 30, 2016. Note: Enter debits before credits General Journal Debit Credit Date June 30, 2016