Sye Chase started and operated a small family architectural firm in Year 1. The firm was affected by two events: (1) Chase provided $19,100 of services on account, and (2) he purchased $6,600 of supplies on account. There were $1,100 of supplies on hand as of December 31, Year 1.

Exercise 13-10A Part a, b, and e Required a. b. & e. Record the two transactions in the accounts. Record the required year-end adjusting entry to reflect the use of supplie the required closing entries. Post the entries in the T-accounts and prepare a post-closing trial balance. (Select "a1, 02, or b" fo transactions in the order they take place. Select "cl" for closing entries. If no entry is required for a transaction/event, selec journal entry required" in the first account field.) Accounts Receivable Supplies Beg Bal Beg Bal 0 0 End. Bal End Bal Accounts Payablo Retained Earnings Beg Bal Beg Bal End. Bal End Bal Service Revenue Supplies Expense Beg Bal Beg Bal 0 End Bal End Bal View transaction list Journal entry worksheet Record the closure of service revenue. Note: Enter debits before credits. Debit Credit Date Dec 31 General Journal Accounts receivable Service revenue Record entry Clear entry View general journal S Book CHASE ARCHITECTURAL SERVICES Post-Closing Trial Balance December 31, Year 1 Account Titles Debit Credit Accounts receivable Supplies Accounts payable Retained earnings Service revenue Totals $ 0 $ 0