Comprehensive Problem 1 Part 9: The following is a comprehensive problem which encompasses all of the elements learned in previous chapters. You can refer to the objectives for each chapter covered as a review of the concepts. Note: You must complete parts 1, 2, 3, 4, 6, 7 and 8 before completing part 9. Part 5 is optional. Part 9: Prepare the closing entries below. Then, using the attached spreadsheet from part 2, post the entries to your general ledger. (Income Summary is account #33 in the chart of accounts.) If an amount box does not require an entry, leave it blank or enter "0". Date Account Name Post. Ref. Debit Credit 2014 May 31 SelectFees EarnedIncome SummaryKelly Pitney, CapitalKelly Pitney, DrawingMiscellaneous ExpenseItem 1 SelectFees EarnedIncome SummaryKelly Pitney, CapitalKelly Pitney, DrawingSuppliesItem 4 May 31 SelectDepreciation ExpenseIncome SummaryInsurance ExpenseMiscellaneous ExpenseSupplies ExpenseItem 7 SelectFees EarnedIncome SummaryKelly Pitney, CapitalSalaries PayableSalary ExpenseItem 11 SelectCashIncome SummaryPrepaid RentRent ExpenseUnearned FeesItem 15 SelectAccounts ReceivableIncome SummaryKelly Pitney, CapitalSuppliesSupplies ExpenseItem 19 SelectAccumulated DepreciationDepreciation ExpenseOffice EquipmentIncome SummaryKelly Pitney, DrawingItem 23 SelectAccounts PayableFees EarnedIncome SummaryInsurance ExpensePrepaid InsuranceItem 27 SelectFees EarnedIncome SummaryKelly Pitney, CapitalKelly Pitney, DrawingMiscellaneous ExpenseItem 31 May 31 SelectDepreciation ExpenseIncome SummaryInsurance ExpenseMiscellaneous ExpenseSupplies ExpenseItem 35 SelectAccounts PayableAccounts ReceivableFees EarnedIncome SummaryKelly Pitney, CapitalItem 38 May 31 SelectDepreciation ExpenseIncome SummaryKelly Pitney, CapitalKelly Pitney, DrawingMiscellaneous ExpenseItem 41 SelectDepreciation ExpenseIncome SummaryKelly Pitney, CapitalKelly Pitney, DrawingMiscellaneous ExpenseItem 44