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Below is a partial list of end of year account balances for Nexto Corporation. Retained Earnings $250 Revenue $1010 Wages Expense $230 Supplies Expense $140

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Below is a partial list of end of year account balances for Nexto Corporation. Retained Earnings $250 Revenue $1010 Wages Expense $230 Supplies Expense $140 Rent Expense $200 Dividends $150 A) Prepare the journal entry to close the revenue account. DR CR B) Prepare the journal entry to close the expanse accounts. Dr Cr Cr Cr C) Prepare the journal entry to close income summary. Dr Cr D) Prepare the journal entry to close dividends. Dr Cr

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