LULU Co. had the following temporary account balances on December 31, 2020. Debit Account Titles Service Revenue Salaries Expense Advertising Expense Supplies Expense Dividends Required: Prepare closing entries at December 31, 2020. SOLUTION 1. Journal entry to close REVENUES DATE ACCOUNT TITLES Dec 31 O 370 200 350 22 DEBIT CREDIT $ $ Credit 850