Prepare closing entries.

Requirements 1. Using the following selected accounts of A to Z Electrical, Inc., at April 30, 2010, prepare the entity’s closing entries:

2. What is A to Z Electrical’s ending Retained Earnings balance at April 30, 2010?

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Common Stock $ 18,000 Accounts Receivable. 9,000 Service Revenue 127,000 Retained Earnings.. 6,500 Unearned Revenues 1,800 Salary Payable........ 800 Salary Expense... 18,500 Depreciation Expense....... 8,200 Accumulated Depreciation........ 32,600 Building Rent Expense.. 5,100 Supplies Expense.. 1,700 Dividends 18,000 Interest Revenue.......... 800 Supplies. 1,800 Interest Expense $ 2,300