188. On the basis of the following information taken from the Adjusted Trial Balance columns of the work sheet for the month ended September 30, prepare the closing entries for Perez Roofing Company. ...

188. On the basis of the following information taken from the Adjusted Trial Balance columns of the work sheet for the month ended September 30, prepare the closing entries for Perez Roofing Company.

Cash22,500.00

Accounts Receivable3,575.00

Office Supplies2,850.00

Repair Parts13,785.00

Machinery27,750.00

Accumulated Depreciation3,250.00

Accounts Payable1,150.00

Notes Payable6,500.00

Capital Stock5,000.00

Retained Earnings17,500.00

Dividends1,750.00

Service Revenue47,200.00

Wages Expense4,840.00

Office Supplies Expense1,275.00

Repair Parts Expense925.00

Depreciation Expense1,350.00

80,600.0080,600.00