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Closing entries An Adjusted Trial Balance for Tiger, Inc., at December 31 appears below. Prepare journal entries to close the accounts. Use four entries to:

Closing entries

An Adjusted Trial Balance for Tiger, Inc., at December 31 appears below.

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Prepare journal entries to close the accounts. Use four entries to: (1) close the revenue account, (2) close the expense accounts, (3) close the Income Summary account, and (4) close the Dividends account.

Date GENERAL JOURNAL Debit Credit

Please solve all thank you...

Tiger, Inc. Adjusted Trial Balance December 31, 20 Cash $33,750 Accounts receivable 175,000 Office equipment 262,500 Accumulated depreciation: office equipment Accounts payable Income taxes payable Capital stock Retained earnings Dividends 42,500 Sales commissions earned Advertising expense 80,000 Rent expense 110,000 Salaries expense 112,500 Utilities expense 76,250 Depreciation expense: office equipment 25,000 Income taxes expense 50,000 967.500 $50,000 100,000 50,000 125,000 100,000 542,500 967.500

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