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Post the closing entries from the accounting cycle below to the page of T-Accounts, there shoukd be many 0 balances Thanks, I will leave a

Post the closing entries from the accounting cycle below to the page of T-Accounts, there shoukd be many 0 balances

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5 a. Closing entries for the year ending December 31, 2023 Closing Entries Date Accounts Tittle and Explanations 31-Dec-23 Service Revenue Deferred Revenue (Unearned) Income Summary (Closing Service and deferred revenues) Debit \$ 43,340.00 \$ 4,000.00 S 47,340.00 S 36,083.00 31-Dec-23 Income Summary Insurance Expense Utilities Expense Salaries Expense Advertising Expense Income Tax Expense Depreciation Expense Office Supplies Expense Rent Expense Interest Expense (To record closing experience) 31-Dec-23 Income Summary Retained Earnings (To record closing Income Summary) (Net Income) 31-Dec-23 Retained Eamings Dividends $4,200.00 (To record closing dividend account) S 11,257.00 \$ 11,257.00 $300.00 $650.00 $22,000.00 \$ 1,500.00 S 2,835.00 \$ 500.00 S 3,700.00 S 4,500.00 S 98.00 s 11,257.00 (s) 4,200.00 \$ 4,200.00 asursa bus at pesed

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