Debit Credit $3,420 $2,400 15,408 13,700 8,200 Accounts Payable Accounts Receivable Accumulated Depreciation - Equipment Cash D. Wu, Capital D. Wu, Drawings Equipment Depreciation Expense Insurance Expense Interest Expense Interest Payable Prepaid Insurance Salaries Expense Salaries Payable Service Revenue Supplies Supplies Expense Repairs Expense Utilities Expense 1,200 32,100 1,200 1,130 250 130 1,800 12,000 1,000 41,832 700 1,520 890 1,100 $69,990 $69,990 Prepare closing entries for Wu Delivery Services. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31 (To close revenue account) Dec. 31 > (To close expense accounts) Dec. 31 (To close income summary) Dec. 31 (To close drawings account)