Cornell Leo Enterprises had the following accounts and normal balances listed on its December $31$ adjusted trial balance: Service Revenue, $$20,600$; Salaries Expense, $$7,200$; Rent Expense,

$$4,500$; Advertising Expense, $$3,400$; and Leo, Withdrawals, $$3,800.$

Journalize the closing entries for Leo Enterprises. $($Record debits first, then credits. Select the explanation on the last line of the journal entry table.$)$

Start by closing revenues.

Close all the expense accounts for the period.

Close Income Summary.