Elicent Office Systems unon a perpetuat inwentory syntom The adjusted trial balance of Efficiort Office Systems at March 31, 2015, follows: Click the icon to view the adjusted trial belance: Requirements 1. Joumalize the required closing entries at March 31, 2015 2. The following accounts have been set up Income Summary, Blitzor, Capital and Bitzes Withdrawals Post the cloting entries to the Taccounts and calculate their ending balances 3. How much was Efficient's net income or net loss? Requirement 1. Soumalize the required clowing antolon at March 31, 2015. Record debits first, then credits. Explanations will opnar on the last line of the journal entry tab.) Starty cloning revers Date Accounts and Explanation Debit Credit Mar 31 Clos (1) er Efficient Office Systems Adjusted Trial Balance March 31, 2015 Balance blo Account Title Debit Credit $ 2,500 13,500 31,600 6.100 42,500 13,000 Cash Accounts Receivable Merchandise Inventory Office Supplies Equipment Accumulated Depreciation Equipment Accounts Payable Salaries Payable Notes Payable, long-term Bitzes, Capital Bitzes, Withdrawals Sales Revenue 9,500 700 7,800 26,200 45,500 236,000 Salee Rome and Allowance ann Print Done Tujuy Tour Novun 31,600 6,100 42,500 $ 13,000 Merchandise Inventory Office Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries Payable Notes Payable, long-term Bitzes, Capital Bitzes, Withdrawals 9,500 700 7,800 26,200 45,500 Sales Revenue 236,000 800 Sales Returns and Allowances Sales Discounts Cost of Goods Sold Selling Expense Administrative Expense 1,000 106,200 26,500 14,500 2,500 Interest Expense $ 293,200 $ 293,200 Total en Print Done