T-accounts have been opened using the balances from the adjusted trial balance. Post the closing entries to the t-accounts and calculate ending balances for all accounts. For accounts that have a zero balance, enter the zero on the normal balance side. Use the acronym for closing entries (REID) as post references and include Bal. references where appropriate. For the Income Summary account, calculate and enter the Balance (Bal.) before posting the entry to close out the account. Date Accounts and Explanation Debit Credit Date Accounts and Explanation Debit Credit Dec 31 Service Revenue 22,400 Dec 31 Income Summary 12,205 Income Summary 22.400 Salaries Expense 8,600 Depreciation Expense - Furniture Insurance Expense Utilities Expense Rent Expense Supplies Expense Date Accounts and Explanation Debit Credit Date Accounts and Explanation Debit Credit Dec 31 Income Summary 10,195 Dec 31 Retained Earnings 2,900 Retained Earnings 10,195 Dividends 2,900 Dividends Retained Earnings 2.900 0 Ball Service Revenue Income Summary 22,400 Bal. Cash Accounts Receivable 37,620 700 Prepaid insurance Office Supplies Sales Exe 1.100 surance Supplies Expense Salaries Payable Uncanned Revenue 4.800 Bal 3.200 Dal Common Stock 39.400 Bal be Bal