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Current Attempt in Progress Selected accounts for Wildhorse's Salon at December 31, 2021, are presented below. A. Wildhorse, Capital Dr. Cr. 29,000 A. Wildhorse, Drawings

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Current Attempt in Progress Selected accounts for Wildhorse's Salon at December 31, 2021, are presented below. A. Wildhorse, Capital Dr. Cr. 29,000 A. Wildhorse, Drawings Dr. Cr. 3,200 Service Revenue Dr. Cr. 50,800 Salaries Expense Dr. Cr. 21,100 Rent Expense Dr. Cr. 5,500 Supplies Expense Dr. Cr. 7,800 Prepare closing entries to close the accounts. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Debit Credit Date Account Titles and Explanation Dec. 31 Service Revenue 50800 Income Summary 50800 (To close revenue account) Dec 31 Income Summary 34400 34400 Salaries Expense 21100 MacRonk Air (TO Close revenue account Dec. 31 Income Surnmary 34400 Salaries Expense 21100 Rent Expense 5500 Supplies Expense 7800 (To close expense accounts) Dec. 31 Income Summary A. Wildhorse, Capital (To close income summary) Dec. 31 A. Wildhorse, Capital 3200 A Wildhorse, Drawings - 3200 (To close drawings account) Post beginning balances and the entries. (Post entries in the order of journal entries presented in the previous part. For balances ending in 0 select bal for the date and for the amount for the normal balance of the account.) Income Summary . A. Wildhorse, Capital A. Wildhorse, Drawings A. Wildhorse, Drawings Service Revenue Salaries Expense Rent Expense Salaries Expense Rent Expense Supplies Expense

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