blem $6\mathrm{.}3$A $($Static$)$ Journalizing and posting closing entries. LO $6-1$

December $31,$ after adjustments, Thibodeaux's Company's ledger contains the following account balances:

$\backslash$table$[[$Cash$,$$ $94,400,$Debit$],[$Accounts receivable,$75,60$e$,$Debit$],[$Supplies$,8,000,$Debit$],[$Prepaid Rent,$81,200,$Debit$],[$Equipment$,128,000,$Debit$],[$Accumulated depreciation$-$Equipment,$4,0$ee$,$Credit$],[$Accounts payable,$17,$ e$$e$,$Credit$],[$Mary Thibodeaux, Capital $(12/1/20$x$1),171,240,$Credit$],[$Mary Thibodeaux, Drawing,$16,40$e$,$Debit$],[$Fees income,$327,200,$Credit$],[$Advertising experpe,$11,609,$Debit$],[$Depreciation expchse$-$Equipment,$2,$e$00,$Debit$],[$Rent expense,$9,200,$Debit$],[$Salaries expense,$77,600,$Debit$],[$Utilities expense,$15,440,$Debit$]]$

uired:

purnalize the closing entries in the general journal.

ost the closing entries to the general ledger accounts. Hint: Be sure to enter beginning balances.

yze:

t is the balance of the Salaries Expense account after closing entries are posted?

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Journalize the closing entries in the general journal.

Journal entry worksheet

Record the closing entry for revenue.

Note: Enter debits before credits.

$\backslash$table$[[$S$.$No$/$Date$,$Account Title,Debit,Credit$],[\backslash$table$[[$December $31,],[20$X$1]],,,],[,,,],[,,,],[,,,],[,,,],[,,,]]$

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