Wilson Consulting Company prepares the following Adjusted Trial Balance at the end of 2018. Using the information from the adjusted trial balance, prepare the closing entries and submit it to this homework assignment.

ACCOUNT NAME

Cash Debit 7500

Accounts receivable Debit 3500

Prepaid building rent Debit 1300

Unexpired ins Debit 3500

Supplies Debit 175

Equipment Debit 8000

Accumulated dep.-equip Credit 3500

Notes payable Credit 4000

Salaries payable Credit 1550

Income tax payable Credit 2750

Unearned serv revenue Credit 95950

Capital stock Credit 65000

Retained earnings Credit 25000

Dividends Debit 1000

Service rev earned Debit 93792

Salaries expense Debit 31276

Supplies exp Debit 37500

Rent exp Debit 6050

Ins expense Debit 655

Advertising exp Debit 175

Depreciation exp-equip Debit 877

Interest exp Debit 450

Income tax exp Debit 2000