The following is the adjusted trial balance of Inland Home Health, Inc., for December 31, 2018.

Requirement

Journalize the closing entries at December 31, 2018.

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Inland Home Health, Inc. Adjusted Trial Balance December 31, 2018 ACCOUNT DEBIT CREDIT $ 7,400 Cash Accounts Receivable 6,500 150 Supplies Furniture 5,800 $ 3,070 Accumulated Depreciation, Furniture Equipment Accumulated Depreciation, Equipment Accounts Payable Salaries Payable 34,500 3,500 2,800 1,500 2,100 Unearned Service Revenue Common Stock 19,000 7,330 Retained Earnings 13,000 Dividends Service Revenue 71,400 Salaries Expense Rent Expense Depreciation Expense, Equipment Depreciation Expense, Furniture Supplies Expense Total 27,000 12,500 2,700 800 350 $110,700 $110,700