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Based on the data below, close out the revenue, expense, income summary, and drawing accounts. Service Fees = $100,000 Rent Expense = $10,000 Wage Expense
Based on the data below, close out the revenue, expense, income summary, and drawing accounts.
Service Fees = $100,000
Rent Expense = $10,000
Wage Expense = $20,000
Utilities Expense = $12,000
Supplies Expense = $1000
Insurance Expense = $1000
Depreciation Expense = $4000
Drawing = $1000
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