Martinez Company shows the following balances in selected accounts of its adjusted trial balance. Supplies Supplies Expense Accounts Receivable Dividends Retained Earnings $26,000 6,000 18,000 19,000 74,000 Service Revenue Salaries and Wages Expense Utilities Expense Rent Expense $108,000 38,000 9,000 15,000

Martinez Company shows the following balances in selected accounts of its adjusted trial balance. Prepare the closing entries at December 31. Ondtecabunt vities are oulomobically indented when amount is entered, Do not indont Date Account Tites and Explanation Debit Credit Dec. 31 (To close revinue to income summary) 31 (To dose openses to inome wmeary) 31 (To close net income to tetahed earnings) 31 (Fa close dividends to iretained earnines)