CLOSING JOURNAL ENTRIES: Shown below are (a) several accounts from the general ledger with each account preceded by an identification number. Indicate the accounts debited and credited when recording each transaction in the closing process by placing the proper account identification number to the right of each transaction. General Ledger > Account Identification Number. 10. Retained Eamings 11. Dividends 20. Revenue 30. Expense 40. Income Summary 27 & 28. Closed the Revenue Account 29 & 30. Closed the Expense Account 31 & 32. Closed the Income Summary Account (Net Income) 33 & 34. Closed the Dividends Account Debit Credit 27. 28. 29. 30. 31. 32. 33. 34