On December 31, the ledger accounts of Parker Printing have the following balances after all adjusting entries have been posted.

Cash	$ 850
Equipment	2,650
Accumulated Depreciation, Equipment	600
Accounts Payable	200
P. Parker, Capital	3,350
P. Parker, Drawing	8,150
Income Summary
Income from Services	12,450
Wages Expense	800
Rent Expense	1,800
Utilities Expense	550
Depreciation Expense, Equipment	300
Advertising Expense	1,300
Miscellaneous Expense	200

Journalize the four closing entries in the proper order.

GENERAL JOURNAL

Date

Description

Debit

Credit