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Prepare the closing entries for Yondel Company for the year ended December 31, 2021. (If no entry is required for a transaction/event, select No

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Prepare the closing entries for Yondel Company for the year ended December 31, 2021. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) No Date 1 December 31, 202 Service revenue Salaries payable 2 December 31, 202 Salaries expense Rent expense Utilities expense December 31, 202 Retained earnings Answer is not complete. General Journal > > Debit Credit 340,000 340,000 180,000 29,000x 34,000 116,000

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