QS 3-22 (Algo) Preparing closing entries LO P6 The following is the adjusted trial balance of Sierra Company. Credit Debit $ 6, 100 610 5,100 22,209 Sierra Company Adjusted Trial Balance December 31 Account Title Cash Prepaid insurance Notes receivable (due in 5 years) Buildings Accumulated depreciation-Buildings Accounts payable Notes payable (due in 3 years) Common stock Retained earnings Dividends Consulting revenue Wages expense Depreciation expense-Buildings Insurance expense Totals $ 13,100 3,600 4,100 9,300 3,400 1,220 10,689 es 4,600 2, 440 1,830 $ 44,100 $ 44,100 Prepare its December 31 closing entries. View transaction list Journal entry worksheet 2 4 > Prepare the entry to close the revenue account(s). Totals $ 44,100 $ 44,100 Prepare its December 31 closing entries. View transaction list Journal entry worksheet