Journal entry worksheet Prepare the entry to close the revenue account(s). Note: Enter debits before credits. Prepare the entry to close the income summary account. Note: Enter debits before credits. The following dashboard shows a company's revenues and expenses for the year ended December 31 . The owner withdrew $10 during the year. Required: Prepare the company's closing entries for the year ended December 31. Prepare the entry to close the expense account(s). Note: Enter debits before credits. Prepare the entry to close the withdrawals account. Note: Enter debits before credits