Preparation of E7A. The Closing Entries from the Work Su items that follow are from the Income Statement columns journal s work shcet for the year ended December 31, 2014. Prepare close the r A Winter, withdrew $2.500 during the year. Income Statement Debit Credit 12810 Account Name Repair Revenue Wages Expense 4,055 600 2,130 458 672 7,915 4,895 12,810 Rent Expense Supplies Expense Insurance Expense Depreciation Expense-Repair Equipment 12,810 Net Income 12,810