SRW kept operating late in the year. For a subsequent month, the company had activities that led to the following journal entries.

From the following Journal entries, prepare T-Accounts for SRW Inc. in the Excel template provided below. Calculate closing balances for each account. The opening balances are already posted in T-Accounts.

JE#	Dr./Cr.	Account	Debit	Credit
1	Dr.	Cash	15,000
	Cr.	Service Revenue		15,000
2	Dr.	Accounts Payable	10,000
	Cr.	Cash		10,000
3	Dr.	Supplies	8,000
	Cr.	Accounts Payable		8,000
4	Dr.	Accounts Receivable	12,000
	Cr.	Service Revenue		12,000
5	Dr.	Utilities Expense	2,500
	Cr.	Cash		2,500
6	Dr.	Salaries	1,500
	Cr.	Cash		1,500
7	Dr.	Cash	10,000
	Cr.	Bank Loan		10,000
8	Dr.	Dividend	500
	Cr.	Cash		500
	Total		59,500	59,500

T-Accounts ASSETS LIABILITIES + EQUITY Dividends Cash 40,000.00 Accounts Payable 10,000.00 BEG Share Capital 50,000.00 REVENUE Service Revenue Bank Loan Accounts Receivable 20,000.00 EXPENSES Utility Expense Office Supplies Salary Expense