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Current Attempt in Progress The ledger of Sunland Company contains the following balances Owner's Capital $228,900, Owner's Drawings $2, 100, Service Revenue $1,000, Salaries and

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Current Attempt in Progress The ledger of Sunland Company contains the following balances Owner's Capital \$228,900, Owner's Drawings \$2, 100, Service Revenue $1,000, Salaries and Wages Expense $26,400, and Supplies Expense $7,100. The closing entrles are as follows: (1) Close revenue accounts. (2) Close expense accounts. (3). Close net income/loss). (4) Closedrawings. Enter the balances in T-accounts, post the dosing entries in the order presented in the problem and use the numbers as a reference

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