Chapter 04 LO 2 Lesson Question 2 of 5 1.3/4 E The ledger of Carla Vista Company contains the following balances: Owner's Capital $28,800, Owner's Drawings $1,700, Service Revenue $50,000, Salaries and Wages Expense $25,200, and Supplies Expense $6,200. The closing entries are as follows: (1) Close revenue accounts. (2) Close expense accounts. (3) Close net income/loss). (4) Close drawings Post the closing entries in the order presented in the problem and use the numbers as a reference. Salaries and Wages Expense 50000 (2) 50000 Supplies Expense 6700 (2) 6700 Service Revenue (1) 50000 50000 Owner's Drawings Service Revenue (1) 50000 50000 Owner's Drawings 1700 1700 Income Summary (2) 25200 (1) 50000 (2) 6700 Owner's Capital