The following is the adjusted trial balance of Inland Home Health, Inc., for December 31, 2016.

Requirement

Journalize the closing entries at December 31, 2016?

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Inland Home Health, Ino. Adjusted Trial Balance December 31, 2016 ACCOUNT DEBIT CREDIT $ 7,400 6,500 150 Cash Accounts Receivable Supplies Furniture 5,800 $ 3,070 Accumulated Depreciation, Furniture Equipment Accumulated Depreciation, Equipment Accounts Payable Salaries Payable Unearned Service Revenue 34,500 3,500 2,800 1,500 2,100 Common Stock 19,000 7,330 Retained Earnings 13,000 Dividends Service Revenue 71,400 Salaries Expense 27,000 Rent Expense Depreciation Expense, Equipment Depreciation Expense, Furniture Supplies Expense 12,500 2,700 800 350 Total $110,700 $110,700