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

Requirement

Journalize the closing entries at December 31.

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Health Services, Inc. Adjusted Trial Balance December 31, 2018 ACCOUNT DEBIT CREDIT $ 6,400 Cash Accounts Receivable 12,000 220 Supplies 6,500 Furniture $ 1,800 Accumulated Depreciation, Furniture Equipment Accumulated Depreciation, Equipment Accounts Payable Salaries Payable 21,000 3,400 1,000 4,300 Unearned Service Revenue 2,500 21,000 Common Stock Retained Earnings 19,920 Dividends 18,000 Service Revenue 77,800 Salaries Expense Rent Expense Depreciation Expense, Equipment Depreciation Expense, Furniture Supplies Expense 53,400 11,700 1,200 800 500 $131,720 $131,720 Total