The following data are for XYZ Company at the end of 2018, after adjustments( excluding income tax expense)

Property and equipment 951,200 

Contributed capital 390,500

Supplies expense 283,600 

Other revenue 115,000 

Supplies 317,000

Deferred revenue 85,500 

Service revenue 885,000 

Depreciation expense 58,000

Loans payable 329,600 

Accounts receivable 755,000 

Interest receivable 5,300

Rent expense 34,500 

Retained earnings 486,100 

Cash 451,000 

Notes payable 256,400 

Accrued liabilities 25,000 

Income tax payable 0

Prepaid rent 12,500 

Accumulated depreciation 228,400

Administrative and general 65,300 

Cost of service expense 263,000

Question 1 

Total amount of current assets?

Question 2  

Indicate for each of the accounts below, if you would close the account out at year end in a closing journal entry. After indicate whether you would debit or credit this account, or NONE

Account: Account Receivable, Other Revenue, Depreciation Expense, Deferred Revenue, Retained earnings, Service Revenue, Accrued Liability, Accumulated depreciation.

i) Would you close this at year end? 

ii) Would you debit/credit it or neither?