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Post the closing entries (starting from the retained earnings)
\begin{tabular}{l|lr} \multicolumn{4}{c}{ Unearned Service Revenue } \\ \hline Adj. 10,465 & 11/1 Bal. & 10,400 \\ & 11/29 & 1,755 \\ \hline & 11/30 Bal. & 1,690 \end{tabular} \begin{tabular}{|c|c|c|c|} \hline \multicolumn{4}{|c|}{ Salaries and Wages Payable } \\ \hline \multirow[t]{3}{*}{11/8} & 4,420 & 11/1 Bal. & 4,420 \\ \hline & & Adj. & 1,300 \\ \hline & & 11/30 Bal & 1,300 \\ \hline \end{tabular} \begin{tabular}{l|lr} \multicolumn{3}{l}{ Common Stock } \\ \hline & 11/1 Bal. & 52,000 \\ \hline & 11/30 Bal. & 52,000 \end{tabular} Retained Earnings SUPPORT Retained Earnings 11/1 Bal. 18,200 Service Revenue \begin{tabular}{|c|c|c|} \hlinev & 11/22 & 5,980 \\ \hlinev & 11/29 & 1,820 \\ \hlinev & Adj. & 10,465 \\ \hlinev & v & \\ \hline \end{tabular} \begin{tabular}{lr|rrr} \multicolumn{3}{c}{ Depreciation Expense } \\ \hline Adj. & 650 & \\ \hline & & & \\ \hline & & & \\ \hline & & & & \\ \hline \end{tabular} SUPPORT Supplies Expense \begin{tabular}{ll|lll} \multicolumn{6}{c}{ Supplies Expense } \\ \hline Adj. & 2,496 & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline \end{tabular} \begin{tabular}{l} Salaries and Wages Expense \\ \hline 11/8 \\ \begin{tabular}{ll|l|l} \hline \\ 11/29 \end{tabular} \\ Adj. \\ \hline \end{tabular} SUPPORT Rent Expense Post the closing entries. (Post entries in the order of journal entries presented above. For accounts that have a zero balance select "11/30 Bal." from the list and enter 0 for the amount on the normal balance side. Assume Income Summary has a normal credit balance.) \begin{tabular}{ll|l} \multicolumn{2}{c}{ Equipment } \\ \hline 11/1 Bal. & 65,000 & \\ 11/25 & 13,000 & \\ \hline 11/30 Bal. & 78,000 & \end{tabular} \begin{tabular}{l|lr} \multicolumn{4}{c}{ Accumulated Depreciation-Equipment } \\ \hline & 11/1 Bal. & 2,600 \\ & Adj. & 650 \\ \hline & 11/30 Bal. & 3,250 \end{tabular} \begin{tabular}{lr|lr} \multicolumn{4}{c}{ Accounts Payable } \\ \hline 11/15 & 800 & 11/1 Bal. & 8,840 \\ 11/20 & 20,000 & 11/11 & 20,800 \\ 11/28 & 7,800 & 11/25 & 13,000 \\ & & 11/27 & 4,420 \\ \hline & & 11/30 Bal. & 18,460 \end{tabular} \begin{tabular}{lr|lr} \multicolumn{4}{c}{ Unearned Service Revenue } \\ \hline Adj. & 10,465 & 11/1 Bal. & 10,400 \end{tabular} SUPPORT \begin{tabular}{lr|lr} \multicolumn{4}{c}{ Accounts Receivable } \\ \hline 11/1 Bal. & 5,824 & 11/10 & 4,940 \\ 11/12 & 14,300 & 11/19 & 14,300 \\ 11/29 & 1,820 & & \\ \hline 11/30 Bal. & 2,704 & & \end{tabular} \begin{tabular}{lr|rr} \multicolumn{4}{c}{ Inventory } \\ \hline 11/11 & 20,800 & 11/12 & 10,400 \\ & & 11/15 & 800 \\ & & 11/20 & 400 \\ \hline 11/30 Bal. & 9,200 & & \end{tabular} \begin{tabular}{ll|lr} \multicolumn{4}{c}{ Supplies } \\ \hline 11/1 Bal. & 2,236 & Adj. & 2,496 \\ 11/27 & 4,420 & & \\ \hline 11/30 Bal. & 4,160 & & \end{tabular} \begin{tabular}{ll|l} \multicolumn{2}{c}{ Equipment } \\ \hline 11/1 Bal. & 65,000 & \end{tabular} Income Summary \begin{tabular}{|l|l|lll} \multicolumn{5}{c}{ Sales Revenue } \\ \hline & 11/12 & \\ \hline & & 14,300 \\ \hline & & & & \\ \hline & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{ Cost of Goods Sold } \\ \hline 11/12 & 10,400 & v \\ \hline & & \\ \hline \end{tabular} Sales Discounts \begin{tabular}{|c|c|c|} \hline 11/19 & 286 & v \\ \hline & & v \\ \hline \end{tabular} SUPPORT Journalize the closing entries. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.) \begin{tabular}{l|lr} \multicolumn{4}{c}{ Unearned Service Revenue } \\ \hline Adj. 10,465 & 11/1 Bal. & 10,400 \\ & 11/29 & 1,755 \\ \hline & 11/30 Bal. & 1,690 \end{tabular} \begin{tabular}{|c|c|c|c|} \hline \multicolumn{4}{|c|}{ Salaries and Wages Payable } \\ \hline \multirow[t]{3}{*}{11/8} & 4,420 & 11/1 Bal. & 4,420 \\ \hline & & Adj. & 1,300 \\ \hline & & 11/30 Bal & 1,300 \\ \hline \end{tabular} \begin{tabular}{l|lr} \multicolumn{3}{l}{ Common Stock } \\ \hline & 11/1 Bal. & 52,000 \\ \hline & 11/30 Bal. & 52,000 \end{tabular} Retained Earnings SUPPORT Retained Earnings 11/1 Bal. 18,200 Service Revenue \begin{tabular}{|c|c|c|} \hlinev & 11/22 & 5,980 \\ \hlinev & 11/29 & 1,820 \\ \hlinev & Adj. & 10,465 \\ \hlinev & v & \\ \hline \end{tabular} \begin{tabular}{lr|rrr} \multicolumn{3}{c}{ Depreciation Expense } \\ \hline Adj. & 650 & \\ \hline & & & \\ \hline & & & \\ \hline & & & & \\ \hline \end{tabular} SUPPORT Supplies Expense \begin{tabular}{ll|lll} \multicolumn{6}{c}{ Supplies Expense } \\ \hline Adj. & 2,496 & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline \end{tabular} \begin{tabular}{l} Salaries and Wages Expense \\ \hline 11/8 \\ \begin{tabular}{ll|l|l} \hline \\ 11/29 \end{tabular} \\ Adj. \\ \hline \end{tabular} SUPPORT Rent Expense Post the closing entries. (Post entries in the order of journal entries presented above. For accounts that have a zero balance select "11/30 Bal." from the list and enter 0 for the amount on the normal balance side. Assume Income Summary has a normal credit balance.) \begin{tabular}{ll|l} \multicolumn{2}{c}{ Equipment } \\ \hline 11/1 Bal. & 65,000 & \\ 11/25 & 13,000 & \\ \hline 11/30 Bal. & 78,000 & \end{tabular} \begin{tabular}{l|lr} \multicolumn{4}{c}{ Accumulated Depreciation-Equipment } \\ \hline & 11/1 Bal. & 2,600 \\ & Adj. & 650 \\ \hline & 11/30 Bal. & 3,250 \end{tabular} \begin{tabular}{lr|lr} \multicolumn{4}{c}{ Accounts Payable } \\ \hline 11/15 & 800 & 11/1 Bal. & 8,840 \\ 11/20 & 20,000 & 11/11 & 20,800 \\ 11/28 & 7,800 & 11/25 & 13,000 \\ & & 11/27 & 4,420 \\ \hline & & 11/30 Bal. & 18,460 \end{tabular} \begin{tabular}{lr|lr} \multicolumn{4}{c}{ Unearned Service Revenue } \\ \hline Adj. & 10,465 & 11/1 Bal. & 10,400 \end{tabular} SUPPORT \begin{tabular}{lr|lr} \multicolumn{4}{c}{ Accounts Receivable } \\ \hline 11/1 Bal. & 5,824 & 11/10 & 4,940 \\ 11/12 & 14,300 & 11/19 & 14,300 \\ 11/29 & 1,820 & & \\ \hline 11/30 Bal. & 2,704 & & \end{tabular} \begin{tabular}{lr|rr} \multicolumn{4}{c}{ Inventory } \\ \hline 11/11 & 20,800 & 11/12 & 10,400 \\ & & 11/15 & 800 \\ & & 11/20 & 400 \\ \hline 11/30 Bal. & 9,200 & & \end{tabular} \begin{tabular}{ll|lr} \multicolumn{4}{c}{ Supplies } \\ \hline 11/1 Bal. & 2,236 & Adj. & 2,496 \\ 11/27 & 4,420 & & \\ \hline 11/30 Bal. & 4,160 & & \end{tabular} \begin{tabular}{ll|l} \multicolumn{2}{c}{ Equipment } \\ \hline 11/1 Bal. & 65,000 & \end{tabular} Income Summary \begin{tabular}{|l|l|lll} \multicolumn{5}{c}{ Sales Revenue } \\ \hline & 11/12 & \\ \hline & & 14,300 \\ \hline & & & & \\ \hline & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{ Cost of Goods Sold } \\ \hline 11/12 & 10,400 & v \\ \hline & & \\ \hline \end{tabular} Sales Discounts \begin{tabular}{|c|c|c|} \hline 11/19 & 286 & v \\ \hline & & v \\ \hline \end{tabular} SUPPORT Journalize the closing entries. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.)
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