journal entry for incoming summary,

record entry to transfer expenses to income summary.

net income or net loss from income summary to capital.

record entry to transfer drawings to capital account.

ise Help The adjusted ledger accounts of RD Consulting on December 31, 2019, appear as follows unt Nane Cash Accounts Receivable supplies Prepaid Insurance Equipment 7,100 1,950 1,800 710 17,500 Asquspiatedpration3, 500 -Equipment Accounts Payable Roger Dye, Capital Roger Dye, Drawing Fees Income Supplies Expense Insurance Expense Depreciation Exponse -Equipment Salaries Expense Utilities Expenso 3, 150 15,300 3,600 16,800 160 610 560 3,150 L, 010 Prepare the Balance Sheet and Income Statement columns of the worksheet Prepare the closing entries for RD Consulting on December 31, 2019. All accounts have normal balances anid achjustinig entries have been made Inc Stmt and General Journal Bal St Prepare the Balance Sheet and Income Statement columns of the worksheet. Income Statement Debit Balance Sheet Debit Account Name Credit Credit Cash Accounts receivable Supplies Prepaid insurance Equipment Accumulated depreciation-Equipment Accounts payable Roger Dye, Capital Roger Dye, Drawing Fees income Supplies expense Insurance expense Depreciation expense-Equipment Salaries expense Utilities expense Totals