$($PLEASE JUST FILL THE ANSWERS ON THE SCREEN SHOTS$)$

The ledger of Ayayai Company contains the following balances: Retained Earnings $$32,000,$ Dividends $$2,500,$ Service Revenue $$48,500,$ Salaries and Wages

Expense $$25,000,$ and Supplies Expense $$7,500.$

The closing entries are as follows:

$(1)$ Close revenue accounts.

$(2)$ Close expense accounts.

$(3)$ Close net income$/($loss$).$

$(4)$ Close dividends.

Enter the balances in T $-$accounts, and post the closing entries.

Salaries and Wages Expense

Supplies Expense

Service Revenue

Dividends

Income Summary