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Help Save & Check my w Exercise 4-6 Completing the income statement columns and preparing closing entries LO P1, P2 These partially completed Income Statement

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Help Save & Check my w Exercise 4-6 Completing the income statement columns and preparing closing entries LO P1, P2 These partially completed Income Statement columns from a 10-column work sheet are for Brown's Bike Rental Company Debit Credit 94,000 Account Title Rent earned Salaries expense Insurance expense office supplies expense Bike repair expense Depreciation expense-Bikes 41,736 5,922 13,818 2,914 17,954 (1) Use the information to determine the amount that should be entered on the net income line of the work sheet. View transaction list Journal entry worksheet 2 3 N med Record the entry to close revenue accounts. Sk + Note: Enter debits before credits. Transaction ces General Journal Debit Credit Record antry Clear entry View general Journal Prex 10 of 12 Next > Journal entry worksheet 2 3 oped Record the entry to close expense accounts. ook int Note: Enter debits before credits. int General Journal Dobit Credit ences Transaction 2 View general Journal Record entry Clear entry View transaction list Journal entry worksheet 7 points

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