Question 9 home work

A company's first fiscal year-end is December 31, year 1. The following is a partial adjusted trial balance as of December 31

Accounts Debits Credits

retained earnings $19,000

dividends $ 1,900

service revenue 39,000

interest revenue 4,900

salaries expense 13,900

rent expense 4,900

advertising expense 1,900

depreciation expense 9,900

interest expense 3,900

Journal

close revenue accounts

close expense accounts

close dividends accounts