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entries. Assume all accounts held normal account balances in the Adjusted Trial Balance PBX 0 5.1 Correct any obvious errors in the following closing entries

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entries. Assume all accounts held normal account balances in the Adjusted Trial Balance PBX 0 5.1 Correct any obvious errors in the following closing entries by providing the four corrected doing A Income Summary Service Revenue $75,000 B. $75,000 $ 8,800 Automobile Expense Insurance Expense Salaries Expense Supplies Expense Income Summary 4,800 45,000 3,500 $62,100 C Retained Earnings Income Summary $45,222 $45,222 0. $6,000 Dividends Retained Earnings $6,000

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