The unadjusted trial balance of Wolfe Anvils at December 31, 2016, and the data for the adjustments follow (Click the icon to view the unadjusted trial balance.) Requirement 5. Prepare the closing entries and post to the accounts Begin by preparing the closing entries (Record debits first, then credits. Select the explanation on the last line of th Start by closing revenue Date Accounts and Explanation Debit Credit Dec 31 Clos (1) Close expenses for the period. Date Accounts and Explanation Debit Credit Dec 31 Clos (2) Close Income Summary Date Accounts and Explanation Debit Credit Dec. 31 Clos (3) Choose from any list or enter any number in the input fields and then continue to the next question The unadjusted trial balance of Wolfe Anvils at December 31, 2016, and the data for the adjustments follow (Click the icon to view the unadjusted trial balance.) Close Income Summary Date Accounts and Explanation Debit Credit Dec. 31 Clos. (3) Close withdrawals. Date Accounts and Explanation Debit Credit Dec. 31 Clos (4) Data Table - X Wolle Anvils Unadjusted Trial Balance December 31, 2016 Balance Account Title Debit Credit More Info $ 8,630 14,500 2,970 1,600 36,000 Adjustment data a. Unearned Revenue still uneared at December 31, $2,500 b. Prepaid Rent still in force at December 31 $2,800 c. Office Supplies used 5600 d. Depreciation, $390 e. Accrued Salaries Expense at December 31, $280 $ Cash Accounts Receivable Prepaid Rent Office Supplies Equipment Accumulated Depreciation Equipment Accounts Payable Salaries Payable Unearned Revenue Wolfe, Capital Wolfe, Withdrawals Service Ravenue Salaries Expense Rent Expense Depreciation Expense-Equipment Supplies Expense 7,000 6.100 6,200 33,000 Print Done 6,000 19,500 2,100 5 71,800 $ 71,800 Total Print Done