1. Debit: labor costs 3000
Administrative expenses 2600
Loan: Employee Compensation Payable 5600
2. Debit: Administrative Expenses 200
Loan: Withholding Costs 200
3. Debit: Administrative Expenses 600
Loan: Withholding Costs ( Amortized expenses) 600
4. Debit: Interest receivable 200
Loan: Finance costs 200
5. Debit: Administrative expenses 400
Loan: Accumulated depreciation 400
6. Debit: Labor costs 4400
Loan: Medical supplies 4400
Two, the closing of the accounts no journal entries can be prepared. Just total the month, totalize, etc. on the line.