Using the information from the Adjusted Trial Balance, journalize the closing entries for the end of the month SMART TOUCH LEARNING Adjusted Trial Balance December 31, 2016 Balance Account Title Debit Credit Cash 16,000 Accounts Receivable 8,800 Office Supplies 200 Prepaid Rent 10,700 Furniture 18,700 Accumulated Depreciation Furniture 6,400 Accounts Payable 2,100 Salaries Payable 500 Interest Payable 300 Unearned Revenue 5,300 Notes Payable 7,400 Bright, Capital 21,200 Bright, Withdrawals 27,200 Service Revenue 48,500 Depreciation Expense Furniture 2,100 Interest Expense 300 Rent Expense 3,200 Salaries Expense 3,700 Supplies Expense 800 Total 91,700 91,700 Date Accounts and Explanation Debit Credit Nov 30Dec 1Dec 15Dec 31 Accounts PayableAccounts ReceivableAccum Depr FurnitureBright, CapitalBright, WithdrawalsCashDepr Exp FurnitureFurnitureIncome SummaryInterest ExpenseInterest PayableNotes PayableOffice SuppliesPrepaid RentRent ExpenseSalaries ExpenseSalaries PayableService RevenueSupplies ExpenseUnearned Revenue 2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500 2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500 Accounts PayableAccounts ReceivableAccum Depr FurnitureBright, CapitalBright, WithdrawalsCashDepr Exp FurnitureFurnitureIncome SummaryInterest ExpenseInterest PayableNotes PayableOffice SuppliesPrepaid RentRent ExpenseSalaries ExpenseSalaries PayableService RevenueSupplies ExpenseUnearned Revenue 2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500 2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500 To close WithdrawalsTo close ExpensesTo close Income SummaryTo close Revenue Date Accounts and Explanation Debit Credit Nov 30Dec 1Dec 15Dec 31 Accounts PayableAccounts ReceivableAccum Depr FurnitureBright, CapitalBright, WithdrawalsCashDepr Exp FurnitureFurnitureIncome SummaryInterest ExpenseInterest PayableNotes PayableOffice SuppliesPrepaid RentRent ExpenseSalaries ExpenseSalaries PayableService RevenueSupplies ExpenseUnearned Revenue 2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500 2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500 Accounts PayableAccounts ReceivableAccum Depr FurnitureBright, CapitalBright, WithdrawalsCashDepr Exp FurnitureFurnitureIncome SummaryInterest ExpenseInterest PayableNotes PayableOffice SuppliesPrepaid RentRent ExpenseSalaries ExpenseSalaries PayableService RevenueSupplies ExpenseUnearned Revenue 2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500 2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500 Accounts PayableAccounts ReceivableAccum Depr FurnitureBright, CapitalBright, WithdrawalsCashDepr Exp FurnitureFurnitureIncome SummaryInterest ExpenseInterest PayableNotes PayableOffice SuppliesPrepaid RentRent ExpenseSalaries ExpenseSalaries PayableService RevenueSupplies ExpenseUnearned Revenue 2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500 2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500 Accounts PayableAccounts ReceivableAccum Depr FurnitureBright, CapitalBright, WithdrawalsCashDepr Exp FurnitureFurnitureIncome SummaryInterest ExpenseInterest PayableNotes PayableOffice SuppliesPrepaid RentRent ExpenseSalaries ExpenseSalaries PayableService RevenueSupplies ExpenseUnearned Revenue 2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500 2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500 Accounts PayableAccounts ReceivableAccum Depr FurnitureBright, CapitalBright, WithdrawalsCashDepr Exp FurnitureFurnitureIncome SummaryInterest ExpenseInterest PayableNotes PayableOffice SuppliesPrepaid RentRent ExpenseSalaries ExpenseSalaries PayableService RevenueSupplies ExpenseUnearned Revenue 2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500 2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500 Accounts PayableAccounts ReceivableAccum Depr FurnitureBright, CapitalBright, WithdrawalsCashDepr Exp FurnitureFurnitureIncome SummaryInterest ExpenseInterest PayableNotes PayableOffice SuppliesPrepaid RentRent ExpenseSalaries ExpenseSalaries PayableService RevenueSupplies ExpenseUnearned Revenue 2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500 2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500 To close WithdrawalsTo close ExpensesTo close Income SummaryTo close Revenue Date Accounts and Explanation Debit Credit Nov 30Dec 1Dec 15Dec 31 Accounts PayableAccounts ReceivableAccum Depr FurnitureBright, CapitalBright, WithdrawalsCashDepr Exp FurnitureFurnitureIncome SummaryInterest ExpenseInterest PayableNotes PayableOffice SuppliesPrepaid RentRent ExpenseSalaries ExpenseSalaries PayableService RevenueSupplies ExpenseUnearned Revenue 2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20038,40048,500 2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20038,40048,500 Accounts PayableAccounts ReceivableAccum Depr FurnitureBright, CapitalBright, WithdrawalsCashDepr Exp FurnitureFurnitureIncome SummaryInterest ExpenseInterest PayableNotes PayableOffice SuppliesPrepaid RentRent ExpenseSalaries ExpenseSalaries PayableService RevenueSupplies ExpenseUnearned Revenue 2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20038,40048,500 2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20038,40048,500 To close WithdrawalsTo close ExpensesTo close Income SummaryTo close Revenue Date Accounts and Explanation Debit Credit Nov 30Dec 1Dec 15Dec 31 Accounts PayableAccounts ReceivableAccum Depr FurnitureBright, CapitalBright, WithdrawalsCashDepr Exp FurnitureFurnitureIncome SummaryInterest ExpenseInterest PayableNotes PayableOffice SuppliesPrepaid RentRent ExpenseSalaries ExpenseSalaries PayableService RevenueSupplies ExpenseUnearned Revenue 2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500 2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500 Accounts PayableAccounts ReceivableAccum Depr FurnitureBright, CapitalBright, WithdrawalsCashDepr Exp FurnitureFurnitureIncome SummaryInterest ExpenseInterest PayableNotes PayableOffice SuppliesPrepaid RentRent ExpenseSalaries ExpenseSalaries PayableService RevenueSupplies ExpenseUnearned Revenue 2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500 2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500 To close WithdrawalsTo close ExpensesTo close Income SummaryTo close Revenue

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Question: Using the information from the Adjusted Trial Balance, journalize the closing entries for the end of the month. SMART TOUCH LEARNING Adjusted Trial Balance December

Using the information from the Adjusted Trial Balance, journalize the closing entries for the end of the month.

SMART TOUCH LEARNING
Adjusted Trial Balance
December 31, 2016
	Balance
Account Title	Debit	Credit
Cash	16,000
Accounts Receivable	8,800
Office Supplies	200
Prepaid Rent	10,700
Furniture	18,700
Accumulated Depreciation--Furniture		6,400
Accounts Payable		2,100
Salaries Payable		500
Interest Payable		300
Unearned Revenue		5,300
Notes Payable		7,400
Bright, Capital		21,200
Bright, Withdrawals	27,200
Service Revenue		48,500
Depreciation Expense--Furniture	2,100
Interest Expense	300
Rent Expense	3,200
Salaries Expense	3,700
Supplies Expense	800
Total	91,700	91,700

Date	Accounts and Explanation	Debit	Credit
Nov. 30Dec. 1Dec. 15Dec. 31	Accounts PayableAccounts ReceivableAccum. Depr - FurnitureBright, CapitalBright, WithdrawalsCashDepr. Exp - FurnitureFurnitureIncome SummaryInterest ExpenseInterest PayableNotes PayableOffice SuppliesPrepaid RentRent ExpenseSalaries ExpenseSalaries PayableService RevenueSupplies ExpenseUnearned Revenue	2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500	2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500
	Accounts PayableAccounts ReceivableAccum. Depr - FurnitureBright, CapitalBright, WithdrawalsCashDepr. Exp - FurnitureFurnitureIncome SummaryInterest ExpenseInterest PayableNotes PayableOffice SuppliesPrepaid RentRent ExpenseSalaries ExpenseSalaries PayableService RevenueSupplies ExpenseUnearned Revenue	2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500	2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500
	To close WithdrawalsTo close ExpensesTo close Income SummaryTo close Revenue

Date	Accounts and Explanation	Debit	Credit
Nov. 30Dec. 1Dec. 15Dec. 31	Accounts PayableAccounts ReceivableAccum. Depr - FurnitureBright, CapitalBright, WithdrawalsCashDepr. Exp - FurnitureFurnitureIncome SummaryInterest ExpenseInterest PayableNotes PayableOffice SuppliesPrepaid RentRent ExpenseSalaries ExpenseSalaries PayableService RevenueSupplies ExpenseUnearned Revenue	2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500	2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500
	Accounts PayableAccounts ReceivableAccum. Depr - FurnitureBright, CapitalBright, WithdrawalsCashDepr. Exp - FurnitureFurnitureIncome SummaryInterest ExpenseInterest PayableNotes PayableOffice SuppliesPrepaid RentRent ExpenseSalaries ExpenseSalaries PayableService RevenueSupplies ExpenseUnearned Revenue	2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500	2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500
	Accounts PayableAccounts ReceivableAccum. Depr - FurnitureBright, CapitalBright, WithdrawalsCashDepr. Exp - FurnitureFurnitureIncome SummaryInterest ExpenseInterest PayableNotes PayableOffice SuppliesPrepaid RentRent ExpenseSalaries ExpenseSalaries PayableService RevenueSupplies ExpenseUnearned Revenue	2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500	2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500
	Accounts PayableAccounts ReceivableAccum. Depr - FurnitureBright, CapitalBright, WithdrawalsCashDepr. Exp - FurnitureFurnitureIncome SummaryInterest ExpenseInterest PayableNotes PayableOffice SuppliesPrepaid RentRent ExpenseSalaries ExpenseSalaries PayableService RevenueSupplies ExpenseUnearned Revenue	2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500	2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500
	Accounts PayableAccounts ReceivableAccum. Depr - FurnitureBright, CapitalBright, WithdrawalsCashDepr. Exp - FurnitureFurnitureIncome SummaryInterest ExpenseInterest PayableNotes PayableOffice SuppliesPrepaid RentRent ExpenseSalaries ExpenseSalaries PayableService RevenueSupplies ExpenseUnearned Revenue	2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500	2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500
	Accounts PayableAccounts ReceivableAccum. Depr - FurnitureBright, CapitalBright, WithdrawalsCashDepr. Exp - FurnitureFurnitureIncome SummaryInterest ExpenseInterest PayableNotes PayableOffice SuppliesPrepaid RentRent ExpenseSalaries ExpenseSalaries PayableService RevenueSupplies ExpenseUnearned Revenue	2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500	2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500
	To close WithdrawalsTo close ExpensesTo close Income SummaryTo close Revenue

Date	Accounts and Explanation	Debit	Credit
Nov. 30Dec. 1Dec. 15Dec. 31	Accounts PayableAccounts ReceivableAccum. Depr - FurnitureBright, CapitalBright, WithdrawalsCashDepr. Exp - FurnitureFurnitureIncome SummaryInterest ExpenseInterest PayableNotes PayableOffice SuppliesPrepaid RentRent ExpenseSalaries ExpenseSalaries PayableService RevenueSupplies ExpenseUnearned Revenue	2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20038,40048,500	2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20038,40048,500
	Accounts PayableAccounts ReceivableAccum. Depr - FurnitureBright, CapitalBright, WithdrawalsCashDepr. Exp - FurnitureFurnitureIncome SummaryInterest ExpenseInterest PayableNotes PayableOffice SuppliesPrepaid RentRent ExpenseSalaries ExpenseSalaries PayableService RevenueSupplies ExpenseUnearned Revenue	2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20038,40048,500	2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20038,40048,500
	To close WithdrawalsTo close ExpensesTo close Income SummaryTo close Revenue

Date	Accounts and Explanation	Debit	Credit
Nov. 30Dec. 1Dec. 15Dec. 31	Accounts PayableAccounts ReceivableAccum. Depr - FurnitureBright, CapitalBright, WithdrawalsCashDepr. Exp - FurnitureFurnitureIncome SummaryInterest ExpenseInterest PayableNotes PayableOffice SuppliesPrepaid RentRent ExpenseSalaries ExpenseSalaries PayableService RevenueSupplies ExpenseUnearned Revenue	2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500	2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500
	Accounts PayableAccounts ReceivableAccum. Depr - FurnitureBright, CapitalBright, WithdrawalsCashDepr. Exp - FurnitureFurnitureIncome SummaryInterest ExpenseInterest PayableNotes PayableOffice SuppliesPrepaid RentRent ExpenseSalaries ExpenseSalaries PayableService RevenueSupplies ExpenseUnearned Revenue	2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500	2003005008002,1003,2003,7005,3006,4007,4008,80010,10010,70016,00018,70021,20027,20048,500
	To close WithdrawalsTo close ExpensesTo close Income SummaryTo close Revenue

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