Current Attempt in Progress

Selected accounts for Pharoahs Salon are presented here. All June 30 postings are from closing entries.

Salaries and Wages Expense
6/10	3,300
6/28	5,900
Bal.	9,200	6/30	9,200
Supplies Expense
6/12	630
6/24	870
Bal.	1,500	6/30	1,500
Service Revenue
		6/15	8,500
		6/24	9,700
6/30	18,200	Bal.	18,200
Rent Expense
6/1	2,940
Bal.	2,940	6/30	2,940
Owners Capital
6/30	2,140	6/1	12,100
		6/30	4,560
		Bal.	14,520
Owners Drawings
6/13	1,000
6/25	1,140
Bal.	2,140	6/30	2,140

(a)

Prepare the closing entries that were made. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Date	Account Titles and Explanation	Debit	Credit
June 30	enter an account title to close revenue account on June 30	enter a debit amount	enter a credit amount
	enter an account title to close revenue account on June 30	enter a debit amount	enter a credit amount
	(To close revenue account)
June 30	enter an account title to close expense account on June 30	enter a debit amount	enter a credit amount
	enter an account title to close expense account on June 30	enter a debit amount	enter a credit amount
	enter an account title to close expense account on June 30	enter a debit amount	enter a credit amount
	enter an account title to close expense account on June 30	enter a debit amount	enter a credit amount
	(To close expense account)
June 30	enter an account title to close net income or loss on June 30	enter a debit amount	enter a credit amount
	enter an account title to close net income or loss on June 30	enter a debit amount	enter a credit amount
	(To close net income / (loss))
June 30	enter an account title to close drawings on June 30	enter a debit amount	enter a credit amount
	enter an account title to close drawings on June 30	enter a debit amount	enter a credit amount
	(To close drawings)