NixIt Companys ledger on July 31, its fiscal year-end, includes the following selected accounts that have normal balances. NixIt uses the perpetual inventory system.

Retained earnings	$ 134,300	Cost of goods sold	$ 110,700
Dividends	7,000	Depreciation expense	12,200
Sales	189,000	Salaries expense	42,000
Sales discounts	4,800	Miscellaneous expenses	5,000
Sales returns and allowances	4,600

Prepare the company's year-end closing entries.

a) Record the entry to close the income statement accounts with credit balances.

b) Record the entry to close the income statement accounts with debit balances.

c) Record the entry to close the Income Summary account.

d) Record the entry to close the Dividends account.