Question 9 of 16 Question 9 of 16 -/23 Prepare journal entries to record the above transactions, including the closing entries for not income and dividends declared. Credit account titles are automatically indented when the mount is entered. Do not Indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts) No. Account and explanation Debit Credit 1 2 3. 5 6 7. (To close revenue account.) (Todose expense account.) (To dose net income.) 8 9 (b) Prepare the shareholders' equity section of the statement of financial position as at December 31, 2020. Shareholders' Equity, December 31, 2020 $ A e Textbook and Media List of Accounts Attempts: 0 of 3 used Submit Answer Save for Later