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Journalize the closing entries. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select
Journalize the closing entries. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Date Account Titles and Explanation Credit Debit 7728 Nov. 30 Service Revenue Sales Revenue 6050 Income Summary 13778 (To close revenue accounts and other accounts with credit balances.) Nov. 30 Income Summary 10279 Sales Discounts 121 Cost of Goods Sold 4400 Rent Expense 412 Salaries and Wages Expense 4015 Supplies Expense 1056 275 Depreciation Expense (To close expense accounts and other accounts with debit balances.) Nov. 30 Income Summary 3499 3499 Retained Earnings (To dose income summary.) Retained Earnings 11/1 Bal. 7,700 11/30 A 3499 11/30 Bal. A 11199 Service Revenue 11/22 2,530 11/29 770 Adj. 4,428 | 11/30 Bal. A 7728 Depreciation Expense Adj. 275 Supplies Expense Adj. 1,056 Salaries and Wages Expense 11/8 2,035 11/29 1,430 Adj. 550 Rent Expense 11/29 412 Sales Revenue 11/12 6,050 Cost of Goods Sold 11/12 4,400 Sales Discounts 11/19 121 Income Summary
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