Question 1 of 6 < > -/1 Current Attempt in Progress Selected year-end account balances from the adjusted trial balance as of December 31, 2025, for Novak Corporation is provided below. Debit Credit Accounts Receivable $88,570 Dividends 32,090 Depreciation Expense 16,100 Equipment 259,620 Salaries and Wages Expense 111,140 Accounts Payable $64,660 Accumulated Depreciation-Equipment Unearned Rent Revenue 140,060 27,940 Service Revenue 224,240 Rent Revenue 7,560 Rent Expense 4,390 Retained Earnings 75,400 Supplies Expense 1,710 Prepare closing entries. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Dec. 31 Debit 1:08 PM Sun Feb 26 education.wiley.com 87%) Chapter 4 and 5 WileyPLUS Homework Assignment - Due by 11:59 p.m. on Sunday, February 26, 2023 Question 1 of 6 -/1 1 Date Account Titles and Explanation Debit Dec. 31 Dec. 31 (To close revenue accounts) Dec. 31 (To close expense accounts) Dec. 31 (To close net income to retained earnings) (To close dividends to retained carnings) eTextbook and Media List of Accounts