and Thomas, Mithdrawals, $$6,700.$

Journalize the closing entries for Thomas Enterprises. $($Record debits first, then credits. Select the explanation on the last line of the journal entry table.$)$

Start by closing revenues.

$\backslash$table$[[$Date$,$Aocounts and Explanation,Debit,Credit$],[$Dec$.31,,,],[,,,]]$

Close all the expense acoounts for the period.

$\backslash$table$[[$Date$,$Mocounts and Explanation,Lebit,Credit$],[$Dec$.31],[,,,],[,,,],[,,,],[,,,]]$

Close Income Summany.

$(1)$ Time Remaining: $00$:$18$:$56$