lournalizing closing enries Starter 4-7 It is December 31, 2017, and time to close the books. Journalize the follow- ing closing entries, with explanations, for Kaufman Services: a. Service revenue, $15,000 b. A compound closing entry for all the expenses: Salaries, $3,500; Rent, $2,000; Advertising, $2,500 c. Income Summary d. Brett Kaufman, ithdrawals, $3,200