eBook Print Item Use the following T-accounts: Cash Bal. 23,600 Revenue Earned Bal. 46,000 Commission Expense Bal. 6,500 Supplies Expense Bal. 3,700 Wages Expense Bal. 29,000 Dividends Bal. 4,100 Retained Earnings Bal. 21,800 Prepare the four journal entries required to close the books. If an amount box does not require an entry, leave it blank. A Revenue Earned 46,000 0 Income Summary 0 46,000 8. Income Summary 0 Commission Expense 0 6,500 Retained Earnings Bal. 21,800 Prepare the four journal entries required to close the books. If an amount box does not require an entry, leave it blank. A. Revenue Earned 46,000 0 Income Summary 0 46,000 0 0 6,500 B. Income Summary Commission Expense Supplies Expense Wages Expense 3.700 29,000 24,200 X 0 c Income Summary Retained Earnings 0 D Feedback Check My Work Closing, or dearing the balances, means returning these accounts to a zero balance. An account with a normal debit balance require a credit entry to return its balance to zero. In this case, the balance in the Income Summary account will represent net Income whic contributes to the equity of the company. Remember that payment of dividends decrease equity, Nex