QUESTION Q5.) Presented below are selected account balances for XYZ Corporation as of December 31, 2021. All accounts have the normal balances) 31 5.000 cordia Sale 40.000 20 Interest Review 20.000 53000 Dividers 315.000 compense 30.000 Common Stock NO.000 Retained Earnings TK.000 Rear Revenge 16.000 Allowance for Doubtful 13.000 Account Accounts Receivables 120.000 Rent Expense 24.000 Instructions: Prepare the necessary closing entries for XYZ Corporation on December 31, 2021. Omit explanations, Copy and paste the table below and enter your answer. (10 points) Remaining Time 2 hours, 52 minutes, 17 seconds Question completion Status Como UR Rent Revo 16.000 Allowance for Do Acous Accounts Receivables 13.00 125.000 Expense 34000 Instructions: Prepare the necessary closing entries for XYZ Corporation on December 31, 2021. Omit explanations Copy and paste the table below and enter your answer. (10 points) CLOSING ENTRIES Account Description Debit Credit Click Save and Submit to save and submit. Click Save All Answers to save all answers. D