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LO 2 EXERCISE 5-4 The Income Statement columns of the work sheet of Dunn Company for the fiscal year ended June 30 follow. During the

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LO 2 EXERCISE 5-4 The Income Statement columns of the work sheet of Dunn Company for the fiscal year ended June 30 follow. During the year, K. Dunn withdrew $4,000. Journalize the closing entries. Practice Ex Show me HOW A A 5 6 7 8 9 10 11 ACCOUNT NAME Service Revenue Rental Revenue Rent Expense Wages Expense Utilities Expense Miscellaneous Expense H INCOME STATEMENT DEBIT CREDIT 6,797.00 3,576.00 2,800.00 1,854.00 465.00 59.00 5,178.00 10,373.00 5,195.00 10,373.00 10.373.00 12 Net Income 13 14 15 16 K > Sheet1 Sheet3 Sheet2 LO 2

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