An Adjusted Trial Balance for Tiger, Inc., at December 31 appears below.

Prepare journal entries to close the accounts. Use four entries to: (1) close the revenue account, (2) close the expense accounts, (3) close the Income Summary account, and (4) close the Dividends account.

Date	GENERAL JOURNAL	Debit	Credit

Please solve all

Tiger, Inc. Adjusted Trial Balance December 31, 20 Cash $33,750 Accounts receivable Office equipment Accumulated depreciation: office equipment Accounts payable Income taxes payable Capital stock Retained earnings Dividends Sales commissions earned Advertising expense Rent expense Salaries expense Utilities expense Depreciation expense: office equipment Income taxes expense 175,000 262,500 $50,000 100,000 50,000 125,000 100,000 42,500 542,500 80,000 110,000 112,500 76,250 25,000 50,000 967,500 967,500