Selected accounts for Crane's Salon are presented below. All June 30 postings are from closing entries.

Salaries and Wages Expense

6/10

3,200

6/28

5,960

Bal.

9,160

6/30

9,160

Supplies Expense

6/12

670

6/24

880

Bal.

1,550

6/30

1,550

Service Revenue

6/15

9,400

6/24

8,100

6/30

17,500

Bal.

17,500

Rent Expense

6/1

2,630

Bal.

2,630

6/30

2,630

Owner's Capital

6/30

2,240

6/1

12,000

6/30

4,160

Bal.

13,920

Owner's Drawings

6/13

1,000

6/25

1,240

Bal.

2,240

6/30

2,240

Date

Account Titles and Explanation

Debit

Credit

June 30

(To close revenue account)

June 30

(To close expense account)

June 30

(To close net income / (loss))

June 30

(To close drawings)