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Complete the closing entries based on the following information: the amounts, nal entry, list Complete the closing entri6 basd on the following information: AdverHsing epense

image text in transcribed Complete the closing entries based on the following information: the amounts, nal entry, list

Complete the closing entri6 basd on the following information: AdverHsing epense Dividends Rent epense Salaries epense Service revenue Utilities epense 5,600 48,000 85,000 7,500 Note: use Capital Letters for account names; Do not use commas when writing the amounts, decimal points, or dollar signs If there is more than one debit or credit in a journal entr,', list accounts in descending order, meaning highest to lonest

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