The following accounts and related balances are taken from the adjusted trial balance of Rons Lawns Co. on october 31, 2017.

Shelby Capital 25,000 Rent Expense 3,000 Service Revenue 9,000 Withdrawals 4,000 Salary Expense 5,000 Accounts Receivable 2,000

REQUIRED:

a Please make the appropriate journal entries to record the closing procedures for Rons Lawns October 31, 2017.

b What is the post closing balance in the Rons Lawns Capital account at october 31, 2017?