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 $25,000 of services on account, and (2) he purchased $2,800 of supplies on account. There were $250 of supplies on hand as of December 31, Year 1. Required a. b. & e. Record the two transactions in the accounts. 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. (Select "a1, a2, or b" for the transactions in the order they take place. Select "cl" for closing entries. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Accounts Receivable Supplies Beg Bal Bog. Bal End. Bal. 0 $ 0 End. Bal 0 $ 0 Accounts Payable Retained Earnings Beg Bal Beg Bal End. Bal. S 0 End. Bal $ 0 Service Revenue Supplies Expense Bog. Bal Beg. Bal View transaction list X 1 Record the closure of service revenue. 2 Record the closure of supplies expenses Credit Note : journal entry has been entered Record entry Clear entry View general journal CHASE ARCHITECTURAL SERVICES Post-Closing Trial Balance December 31, Year 1 Account Titles Debit Credit Totals $ 0 $ 0