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Katsu Company's adjusted trial balance on December 31, 2014, contains the fol-lowing accounts and balances: F. Katsu, Capital, $8,600; F. Katsu, Withdrawals, $350; Service Revenue,

"Katsu Company's adjusted trial balance on December 31, 2014, contains the fol-lowing accounts and balances: F. Katsu, Capital, $8,600; F. Katsu, Withdrawals, $350; Service Revenue, $2,600; Rent Expense, $400; Wages Expense, $900; Utilities Expense, $200; and Telephone Expense, $50. Prepare the closing entries"

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