Requirement 1. Joumalize the required closing entries at March 31, 2018 (Record debits first, then credits. Select the explanation on the last line of the jouma entry table Start by closing revenues. Do not close expenses or contra-revenue accounts; we will do this in the next step. Date Debit Credit Mar. 31 Clos. (1) Data Table Budget Office Systems Adjusted Trial Balance March 31, 2018 Balance Debit Account Title Cash Accounts Receivable Merchandise Inventory Office Supplies Credit 4.200 13,100 31,600 6,000 42,700 Accumulated Depreciation Equipment Accounts Payable Salaries Payable Notes Payable, long-term Common Stock Retained Eamings 13,300 9,800 600 7,900 16,000 5,850 42,500 237,000 Sales Revenue Cost of Goods Sold Selling Expense Administrative Expense Interest Expense Total 106,650 27,100 14,400 2.200 $ 290,450 $ 290,450 Choose from any list or enter any 5 parang Print Done Check