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Task III. CLOSING THE ACCOUNTS-25 points Prepare the closing entries for Cineplex Theatre 225 10 748 100 200 60 15 Cash Accounts Receivable Building Land

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Task III. CLOSING THE ACCOUNTS-25 points Prepare the closing entries for Cineplex Theatre 225 10 748 100 200 60 15 Cash Accounts Receivable Building Land Accumulated Depreciation Accounts Payable Unearned Revenue Capital Withdrawals Ticket Revenue Popcorn Revenue Rent Expense Supplies Expense Telephone Expense 550 Required Prepare the journal entry to close the revenue accounts: (Use the space below) Stoga Prepare the journal entry to close the expense accounts: (Use the space below) Prepare the journal entry to close the income summary account: (Use the space below) Prepare the journal entry to close the withdrawals account: (Use the space below)

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