The following is the adjusted trial balance of Lending Hand, Inc., for December 31, 2012.

Requirement
1. Journalize the closing entries at December 31, 2012.

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Lending Hand, Inc. Adjusted Trial Balance December 31, 2012 ACCOUNT DEBIT CREDIT S 5,400 15,000 400 6,500 Cash Accounts Receivable Supplies Furniture Accumulated Depreciation, Furniture Equipment Accumulated Depreciation, Equipment Accounts Payable Salaries Payable Unearned Service Revenue Common Stock Retained Eamings Dividends Service Revenue Salaries Expense Rent Expense Depreciation Expense, Equipment Depreciation Expense, Furniture Supplies Expense Total 3,180 39,000 3,000 1,100 1,200 2,200 21,000 40,170 17,000 66,000 45.000 6,000 2,600 600 $137,850