P Supplies Adjusting Entry A Prepaid Expense Depreciation Adjusting Entry —— i ” 4 nsurance Adjusting Entry BS MA »— Unerned Revenue Advance payments Adjusting Entry —— Adjusting Entry Accrued Revenue Items earned but not yet billed Accrued Expense Accrued interest Adjusting Entry hi Accrued Expenses Accrued Salaries Adjusting Entry EN Ma QP Revenues Close_alllrevenues:to Income Summary Closing Entry EN haInsurance Expense XX Prepaid Insurance Oe Unearned Service Revenue XX Service Revenue OX Pa Supplies Expense .00C Supplies OOK Depreciation Expense OK Accumulated Depreciation 90 - Equipment Pa > Interest Expense OK Interest Payable EN Py g 4 > Accounts Receivable x Service Revenue EN g 4 EN | Service Revenue XK = Income summary | | Salaries Expense xX Salaries Payable XXX |Expenses Close all expenses to Income summary Closing Entry PO Income summary, Close the balance into Retained earnings when it is.a net lost Closing Entry, Pa {yeome summary Close the balance of income summary into Retained earings whenitisanetincome pa A Dividends Close Dividends into Retained Eamings Closing Entry | — Mi - 7 I | el |