Use the information to complete the Closing Accounts

Post the closing entries for Year 2 to the T-accounts. \begin{tabular}{|l|l|l|l|} \hline Beg. Bal. & & & \\ \hline & & & \\ \hline & & & \\ \hline End. Bal. & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline Beg. Bal. & & & \\ \hline & & & \\ \hline & & & \\ \hline End. Bal. & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline Beg. Bal. & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline Beg. Bal. & & \\ \hline & & & \\ \hline End. Bal. & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline \multicolumn{3}{|c|}{ Supplies Expense } \\ \hline Beg. Bal. & & & \\ \hline & & & \\ \hline & & & \\ \hline End. Bal. & & & \\ \hline \end{tabular} Closing Entries Post Closing Trial Balance Colton Enterprises experienced the following events for Year 1, the first year of operation: 1. Acquired $41,000 cash from the issue of common stock. 2. Paid $12,600 cash in advance for rent. The payment was for the period April 1, Year 1, to March 31, Year 2 . 3. Performed services for customers on account for $84,000. 4. Incurred operating expenses on account of $38,000. 5. Collected $64,500 cash from accounts receivable. 6. Paid $27,000 cash for salary expense. 7. Paid $30,400 cash as a partial payment on accounts payable. Adjusting Entries 8. Made the adjusting entry for the expired rent. (See Event 2.) 9. Recorded $3,600 of accrued salaries at the end of Year 1. Events for Year 2 1. Paid $3,600 cash for the salaries accrued at the end of the prior accounting period. 2. Performed services for cash of $33,000. 3. Purchased $3,400 of supplies on account. 4. Paid $12,300 cash in advance for rent. The payment was for one year beginning April 1, Year 2. 5. Performed services for customers on account for $100,000. 6. Incurred operating expenses on account of $47,500. 7. Collected $95,000 cash from accounts recelvable. 8. Paid $45,000 cash as o partial payment on accounts payable. 9. Paid $32,100 cash for salary expense. 10. Paid a $15.000 cash dividend to stockholders