Telephone Expense Total Account Cash Prepaid Rent Equipment Accumulated Depreciation Uneaed Reven Notes Payable Green, Capital Green, Withdrawal Service Revenue Advertising Expense Depreciation Expense Rent Expense Telephone Expense 220 34,620 34,620 Adjusted Trial Balance Debit Credit $4,000 2,400 8.000 DATE Mar 31 1.500 300 120 800 100 343-329 345-329 3. Based on the adjusted trial balance, close the Income Summary account and Owner's Drawings. Calculate the new balance of owner's capital. Service Revenue Prepare the closing entries to close revenue and expenses: Jurnal ACCOUNT TITLE & EXPLANATION Income Summary Close service re Mar 31 Income Summary 3120 600 2,000 8.100 4,400 DATE Mar 31 Income Summary Goom Capital Close Income Summary ACCOUNT TITLE & EXPLANATION Advertising Expe Depreciation Expense Rent Expense Telephone Expense Mar 31 Com, Capital Prepare the closing entries to close income summary and withdrawal: Green, Withdrawal Close Cher Withdrawal DEBIT CREDIT DEBIT CREDIT