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Question 3 of 9 -72 The lediger of Concord Company contains the following balances Retained Earnings $30.100 Dividends $2,300, Service levenue $50,000: Salaries and Wages

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Question 3 of 9 -72 The lediger of Concord Company contains the following balances Retained Earnings $30.100 Dividends $2,300, Service levenue $50,000: Salaries and Wages Expense 525.400 and Supplies Expense $7.400 Prepare the closing entries at December 31. (Credit account ttles are automatically indented when court to enter. De not Indent manually Date Account Tities and Explanation Debit Credit Dec 31 (To dose revenge account) Dec 31 -72 (To dose expense accounts) Dec 31 (To dose net income (loss) Dec 31 (To dose dividends) eTextbook and Media List of Accounts Attempts of used

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