$\backslash$table$[[\backslash$table$[[$Maggies Music Shop$],[$Income Statement$],[$For period ending January, $2019]]],[$Service Revenue,,$17,670],[$Expenses:$],[$Salaries Expense,$3,800,],[$Rent Expense,$1,500,],[$Supplies Expense,$210,],[$Depreciation Expense$-$Equipment,$400,],[$Utilities Expense,$700,],[$Total Expenses,,$6,610],[$Net income,,$11,060],[\backslash$table$[[$Maggies Music Shop$],[$Statement of Owners Equity$],[$For period ending January $31,2019]]],[$Maggie Graph, Capital January $1,2019,,37,590],[$Net Income,,$11,050],[,,48,650],[$Maggle Graph, Drawing,,$1,070],[$Maggle Graph, Drawing January $31,,2019,47,580]]$

$\backslash$table$[[\backslash$table$[[$Maggies Music Shop$],[$Balance Sheet$],[$January $31,2019]]],[$Assets$],[$Cash$,,15,770,],[$Office Supplies,,$1,820,],[$Prepaid Rent,,$1,020,],[$Equipment$,50,090,43,020,],[$Accumulated Depreciation$-$Equipment,$7,070,,],[$Total Assets,,,$61,630],[$Liabilities$],[$Accounts Payable,,$4,320,],[$Salaries Payable,,$310,],[$Unearned Revenue,,$4,520,],[$Notes Payable $($long$-$term$),,4,900,],[$Total Liabilities,,,$14,050],[$Equity$],[$Maggie Graph, Capital,,$47\mathrm{.}580,],[$Total Equity,,,$47\mathrm{.}580],[$Total Liabilities $+$ Equity,,,$61,630]]$

$($A$)$ Use the financial information from the previous financial statements to post closing entries. Start opping a word and then select from the autofill options.