1. Prepare McGinty Electrical?s closing entries using the following selected accounts at June 30, 2018

2. What is McGinty Electrical?s ending Retained Earnings balance at June 30, 2018?

Transcribed Image Text:

Common Stock... Service Revenue Unearned Revenues. Salaries Expense. Accumulated Depreciation.. Supplies Expense. Interest Revenue. Interest Expense.. Accounts Receivable. Retained Earnings.. Salaries Payable. Depreciation Expense.. Rent Expense. $ 7,000 5,400 $15,000 118,000 2,400 25,475 600 3,900 30,700 1,600 400 2,750 5,700 16,000 Dividends... ........ ....... 1,600 Supplies.