The ledger accounts of AXX Internet Company appear as follows on March 31, 2019 ACCOUNT NO. ACCOUNT BALANCE $ 80,000 58,820 10,600 25,000 118,900 41,320 13,000 130,000 13,000 374,460 21,160 11,400 33,000 166,000 5, 600 6,800 9,400 101 Cash 111 Accounts Receivable 121 Supplies 131 Prepaid Insurance 141 Equipment 142 Accumulated Depreciation-Equipment 202 Accounts Payable 301 Aretha Hinkle, Capital 302 Aretha Hinkle, Drawing 401 Fees Income 510 Depreciation Expense-Equipment 511 Insurance Expense 514 Rent Expense 517 Salaries Expense 518 Supplies Expense 519 Telephone Expense 523 Utilities Expense All accounts have normal balances. Required 1. Prepare the closing entries. 2. Post the transactions in to the appropriate ledger accounts. Hint: Be sure to enter beginning balances. Complete this question by entering your answers in the tabs below. General ournalLedgers Prepare the closing entries