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Exercise 3-6 (lithic) Preparation of Closing Entries James and Susan Morley recently converted lange mour house and incorporated the bus Saint Theracions perenced and has

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Exercise 3-6 (lithic) Preparation of Closing Entries James and Susan Morley recently converted lange mour house and incorporated the bus Saint Theracions perenced and has made the following contes at the end of Saginawsfirst year 207.000 care summary Service Revenue Accultad Deprecation 114,000 33,000 33.000 Deprecation Experte Thomas U pense Wages Export 3.200 13.600 66.000 31.000 4.500 156,30 50 700 . Red Prepare the correction that incessary represented hovedtre come in anderen Dec Dec 11 Required: Prepare the correct closing entries. Assume that all necessary accounts are presented above and that the amounts given are correct an amount box does not require an entry leave it blank Dec. 11 (Close revenue account) Dec. 31 llllll (Close expense accounts) Dec 31 (Close Income Summary Dec 31 (Close Dividende

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