how do I prepare closing journal entries for this worksheet?

on the $108,000 for eight days. In addition, inter ($108,000 less $20,750-$87,250) must be calculated for Income taxes are to be computed at the rate of 25 percent of m [IMPORTANT NOTE: Since the income taxes are a percent Income Statements through the Net Income Before Tax line. their balances which you can then transfer to the appropriate f 35. Closing Entries 36. 37. 38. Close the income summary account. 39Close the dividends account Close the revenue accounts. Close the expense accounts. Welcome Chart of AccountsA Transactions 20 8 Merge &Center v For Perlod Ending June 30, 2019 Account umber Name Unadjusted THel Balance Entries | Adjusted Trul Balance Debit Cmdt 110 Cash 59,614.80 2,975.00 59,814.80 8 896.00 5.00 6405.00 2400.00 4,800.00 191.00 1 222.00 1120 Accounts Receivnble 11 9921.9023 .08408 00 130 Prepaid Insuanon 1140 Prepaid Rent 1150 0ffice Supplies 1211 Office Equip 1212 Accum Depr. Office Equip 1311 Computer Equp 1312 Accum Depr-Computer Equlp. 1411 Building Cost 640.00 7.200.00 1494.00 1222.00 181200.00 95,000.00 18,000.00 181 200.00 3,020.00 232 80 1412 Accum Depr-Building 510!Land 2101 Accounts Payabke 232 80 102 Advanced Payments 2103 Interest Payabie 1154.50 154 50 2105 Salaries Payable 2106 Income Taxes Payable 2201 2,789.03 101 700.00 87 250.00 02 |Notes Payable 169 422.00 200 Retained Eamings 3300 Dividends 4100 Computer & Consuting Revenue 5010 Rent Expense 5020 Salary Ex 5030 Advertising Expense 1.820.00 475.00 1.165.00 475.00 165.00 5040 Repairs& Maint. Expense 1494.00 1.154.50 5090 Interest Expense 5100 Insurance Expense 1154 50 35.00 235.00 5110 Depreciation Expense 5120 Income Tax Expense Transactions e General Journal Le worksheet i welcome hart of Accounts 8 MacE