1/ record the entry to close the revenue accounts

2/ record the entry to close the closing accounts

Required information On January 1, 2021, the general ledger of Dynamite Fireworks includes the following account balances: Credit Accounts Cash Accounts Receivable Supplies Land Accounts Payable Common Stock Retained Earnings Totals Debit $ 25,500 6,900 4,800 67,000 $ 4,900 82,000 17,300 $184,200 $104,200 Duting January 2021, the following transactions occur January 2 Purchase rental space for one year in advance, $11,100 (5925/month). January 0Purchase additional supplies on account, $5,200. January 13 Provide services to customers on account, $27,200 January 17 Receive cash in advance from custoners for services to be provided in the future, $5,400. January 20 Pay cash for salaries, $13,200. January 22 Receive cash on accounts receivable, $25,800 January 29 Pay cash on accounts payable, $5,700. 6. Record closing entries. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the account field.)