Efficient Office Systems uses a perpetual inventory system. The adjusted trial balance of Efficient Office Systems at March 31, 2024, follows: (Click the icon to view the adjusted trial balance.) Read the requirements. Requirement 1. Journalize the required closing entries at March 31, 2024. (Record debits first, then credits. Select the 'explanation on the last line of the journal entry table.) Start by closing revenues. Do not close expenses or contra-revenue accounts; we will do this in the next step. Close expenses and other temporary accounts for the period. Close Income Summary. Close withdrawals. Requirement 2. The following T-accounts have been set up: Income Summary; Murray, Capital; and Murray, Withdrawals. Post the closing entries to the T-accounts, and calculate their ending balances. Use "Clos." and the corresponding number as shown in the journal entry as posting references-"Clos.(1)", "Clos.(2)", etc. The adjusted balance of each account has been entered for you. For any accounts with a zero balance after closing, enter a "0" on the normal side of the account. For income Summary, calculate and enter the balance ("Bal.") before posting the entry to close out the account. Post the entry to close Income Summary account on the line after the balance prior to closing (the third line) and then show the post-closing balance ("Bal.") on the last (fourth) line of the account. Review the closing journal entries you prepared above. Requirement 3. How much was Efficient's net income or net loss? Efficient had a net Data table Data table