prepare the closing entries as well please

Prepare the closing entries. $($Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry

is required, select $"$No Entry" for the account titles and enter $0$ for the amounts.$)$

Date Account Titles and Explanation

Debit

Credit

Dec. $31$

$($To close revenue account.$)$

Dec. $31$

$($To close expense accounts.$)$

Dec. $31$

$($To close net income $/($loss$).)$

Dec. $31$

$($To close dividends.$)$