Computer Consultants Inc., a software installation company, earned revenues of $529,463 in 2015, incurred expenses of $693,502,

Question:

Computer Consultants Inc., a software installation company, earned revenues of $529,463 in 2015, incurred expenses of $693,502, declared cash dividends of $25,000, and recognized a gain on the revaluation of assets of $129,346.
Journalize the closing entries for Computer Consultants Inc. as at December 31, 2015.

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