The trial balances of Orton Company follow with the accounts arranged in alphabetic order. Trial Balance Unadjusted Adjusted Post-Closing Accounts Payable $10,000 $10,000 $10,000 Accounts Receivable 2,200 3,200 3,200 Accumulated Depreciation-Equipment 13,000 17,000 17,000 Advertising Expense 0 16,300 0 Cash 60,000 60,000 60,000 Common Stock 30,000 30,000 30,000 Depreciation Expense 0 4,000 0 Dividends 11,000 11,000 0 Equipment 75,000 75,000 75,000 Prepaid Advertising 17,800 1,500 1,500 Prepaid Rent 15,000 11,000 11,000 Rent Expense 0 4,000 0 Retained Earnings 52,200 52,200 72,400 Service Revenue 96,000 105,000 0 Supplies 3,200 700 700 Supplies Expense 2,000 4,500 0 Unearned Service Revenue 23,000 15,000 15,000 Salaries and Wages Expense 38,000 45,000 0 Salaries and Wages Payable 0 7,000 7,000 Analyze the data and prepare the closing entries made by Orton Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit (To close revenue account.) (To close expense accounts) (To close net income to retained earnings) (To close dividends to retained earnings)