Required information

$[$The following information applies to the questions alsplayed below.$]$

The Sky Blue Corporation has the following adjusted trlal balance at December $31.$

Required:

Prepare closing Journal entrles on December $31.($If no entry is required for a transaction$/$event$,$ select $"$No Journal Entry Required"

In the first account field.$)$

Journal entry worksheet

Record the closing entry for revenues and expenses.

Nate: Enter debits before credits.