oblem $6\mathrm{.}3$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,$75,600,$Debit$],[$Supplies$,8,000,$Debit$],[$Prepaid Rent,$81,200,$Debit$],[$Equipment$,128,080,$Debit$],[$Accumulated depreciation$-$Equipment,$4,080,$Credit$],[$Accounts payable,$17,000,$Credit$],[$Mary Thibodeaux, Capital $(12/1/20$x$1),171,240,$Credit$],[$Mary Thibodeaux, Drawing,$16,480,$Debit$],[$Fees income,$327,200,$Credit$],[$Advertising expense,$11,690,$Debit$],[$Depreciation expense$-$Equipment,$2,090,$Debit$],[$Rent expense,$9,200,$Debit$],[$Salaries expense,$77,600,$Debit$],[$Utilities expense,$15,440,$Debit$]]$

quired:

Journalize the closing entries in the general journal.

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

alyze:

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

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