ebapps The ledger of Mal Company includes the following accounts with normal balances as of December 31: Common Stock $9,700; Dividends $1,150, Services Revenue $20,000; Wages Expense $11,900; and Rent Expense $3,000. Prepare its December 31 closing entries. Answer is not complete. No Date Dec 31 General Journal 1 Credit Services revenue Income summary Debit 20,000 20,000 2 Dec 31 Income summary Wages expense Rent expense 14,900 11,900 3,000 3 Dec 31 Income summary Retained earnings 4 Dec 31 Retained earnings