Current Attempt in Progress Swifty Company shows the following balances in selected accounts of its adjusted trial balance. Supplies Supplies Expense Accounts Receivable Dividends Retained Earnings $32,000 6,000 17,000 23,000 69,000 Service Revenue Salaries and Wages Expense Utilities Expense Rent Expense $108,000 41,000 7,000 18.000

Prepare the closing entries at December 31.

Current Attempt in Progress Swifty Company shows the following balances in selected accounts of its adjusted trial balance