v > lifa1.lyryx.com + up Sans titre Assignment Ly Introduction to. Assignment Ly Introduction to... Ly Lab 3.6 (Questi.. Home - Canada.. Course Hero Facilities - Mer... Lab 3.6 (Question 1) Name: fx Marois Date: 2023-06-18 Official Time: 12:48:03 Question 1 [15 points] Following is the adjusted trial balance, with accounts listed in alphabetical order for Holden Corp. at March 31, 2023. Use this information to prepare the closing entries. Use the numbers below as the description for the corresponding closing entry. 1. Close all temporary credit balance accounts to the income summary account. 2. Close all temporary debit balance accounts to the income summary account 3. Close the income summary (net income) to retained earnings. 4. Close the income summary (net loss) to retained earnings. 5. Close dividends to retained earnings Enter the dates in the format dd/mmm (ie. 15/Jan). Holden Corp. General Journal Page GJ8 Adjusted Trial Balance Date Account/Explanation F Debit Credit March 31, 2023 Debit Credit + - Accounts receivable. 9,880 Accumulated depreciation, furniture 2,280 Advertising expense. 3,080 + - Cash. 2,930 Commissions earned 4,050 Consulting revenue earned. 6.360 + 9 Depreciation expense, furniture. 1,220 Dividends. 2,230 Furniture 17,730 + - Rent expense 7,690 Rent payable. 11,660 Retained earnings. 8,740 Share capital 11,670 Totals 44,760 44,760