Required information {The following information applies to the questions displayed below) Sye Chase started and operated a small family architectural firm in Year 1. The firm was affected by two events: (1) Chase provided $18,500 of services on account, and (2) he purchased 56,000 of supplies on account. There were $850 of supplies on hand as of December 31 Year 1. Required .. b. & e. Record the two transactions in the accounts. Record two separate entries for the closing entries. Record the required year- end adjusting entry to reflect the use of supplies and the required closing entries. Post the entries in the T-accounts and prepare a post-closing trial balance HYUCUN YUUU weyuncu Record the two transactions in the following T-accounts. Record two separate entries for the closing entries. Accounts Receivable Supplies Beg Bal Beg Bal End. Bal End. Bal Accounts Payable Retained Earnings Beg Ball Beg Bal End. Bal End Bal Service Revenue Supplies Expense Beg Bal Beg Bal Journal entry worksheet 1 2 > Record the closing entry for revenues. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31 Record entry Clear entry View general Journal Required A Required B Required E Post the entries in the T-accounts and prepare a post-closing trial balance CHASE ARCHITECTURAL SERVICES Post-Closing Trial Balance December 31, Year 1 Account Titles Debit Credit Totals