Mantle Company Worksheet For the Year Ended December 31, 2014
	Adjusted Trial Balance		Income Statement		Balance Sheet
Account Title	Debit	Credit	Debit	Credit	Debit	Credit
Cash	$16,000				$16,000
Accounts Receivable	$6,000				$6,000
Supplies	$2,000				$2,000
Equipment	$19,000				$19,000
Accumulated Depr-Equip		$6,000				$6,000
Accounts Payable		$10,000				$10,000
Wages Payable		$2,000				$2,000
L. Mantle, Capital		$11,190				$11,190
L. Mantle, Drawing	$1,000				$1,000
Fees Earned		$47,648		$47,648
Wages Expense	$21,483		$21,483
Rent Expense	$5,688		$5,688
Depreciation Expense	$5,667		$5,667
Totals	$76,838	$76,838	$32,838	$47,648	$44,000	$29,190
Net Income (Loss)			$14,810			$14,810
			$47,648	$47,648	$44,000	$44,000

Based on the trial balance, determine the entry to close expenses.

Select the correct answer.

Wages Expense		$21,483
Rent Expense		$5,688
Depreciation Expense		$5,667
	Income Summary		$32,838

Income Summary		$32,838
	Wages Expense		$21,483
	Rent Expense		$5,688
	Depreciation Expense		$5,667

Wages Expense		$21,483
Rent Expense		$5,688
Depreciation Expense		$5,667
	L. Mantle, Drawing		$32,838

Expenses		$32,838
	Income Summary		$32,838