1. Complete journal for the date of 12/31

a. record closing entry for revenue

b. record closing entry for expenses

c. record closing entry for cash dividens

Credits Debits $ 25,00 16,700 14,60 161.00 Accounts Cash Accounts Receivable Prepaid Insurance Land Accounts Payable Deferred Revenue Common Stock Retained Earnings Totals $ 8,00 7,100 156, 5218,200 $218,200 The following is a summary of the transactions for the year 1. January 9 Provide storage services for cash, 5147.500, and on account. 558.700. 2. February 12 Collect on accounts receivable, 552.600. 3. April 25 Receive cash in advance from customers. 534,200. 4. May 6 Purchase supplies on account, 511,800 5. July 15 Pay property taxes, 59.808. 6. September 10 Pay on accounts payable, $12,700. 7. October 31 Pay salaries, $136.610. 8. November 20 Issue shares of common stock in exchange for $40.000 cash. 9. December 30 Pay 54,100 cash dividends to stockholders. Insurance expired during the year is $8.300. Supplies remaining on hand at the end of the year equal $4,200. Provide services of $13100 related to cash paid in advance by customers. Credits Debits $ 25,900 16,700 14,600 161,000 Accounts Cash Accounts Receivable Prepaid Insurance Land Accounts Payable Deferred Revenue Common Stock Retained Earnings Totals $ 8,000 7,100 156,000 47,100 $218,200 $218,200 The following is a summary of the transactions for the year: 1. January 9 Provide storage services for cash, $147, 100, and on account, $58,700. 2. February 12 Collect on accounts receivable, $52,800. 3. April 25 Receive cash in advance from customers, $14,200. 4. May 6 Purchase supplies on account, $11,800. 5. July 15 Pay property taxes, $9,800. 6. September 10 Pay on accounts payable, $12,700. 7. October 31 Pay salaries, $136,600. 8. November 20 Issue shares of common stock in exchange for $40,000 cash. 9. December 30 Pay $4,100 cash dividends to stockholders. Insurance expired during the year is $8,300. Supplies remaining on hand at the end of the year equal $4,200. Provide services of $13,100 related to cash paid in advance by customers