complete worksheet and prepare closing entries

Problems Problem 7-1: Listed below is a na below is a partial worksheet for the Lawrence Marcel Music Studie Lawrence Marcel Music Studio Worksheet December 31, Account Name Adjusted Trial Balance Cash 17,500 Accounts Receivable 3,000 Music Supplies 1,950 Prepaid Rent 750 Music equipment 30,000 Accumulated Depr., Music Equip. 5,000 Accounts payable 8,000 L. Marcel, Capital 19,000 L. Marcel, Withdrawals 500 Music Fees Earned 35,000 Utilities Expense 800 Salaries Expense 12,000 Depreciation Expense, Music Equip. 500 67,000 67,000 Problem 7-1 GENERAL JOURNAL Date Account Title FR Debit Credit