! Required information Use the following information for Exercises 13-15 below. (Algo) The following information applies to the questions displayed below] Stark company has the following adjusted accounts and balances at its December 31 year-end. Notes payable Prepaid insurance Interest expense Accounts payable Wages payable Cash Wages expense Insurance expense Common stock Retained earnings Services revenue $ 12,000 2,600 520 2,000 500 12,000 7,600 1,900 10,800 20,000 25,000 Accumulated depreciation-Buildings Accounts receivable Utilities expense Interest payable Unearned revenue Supplies expense Buildings Dividends Depreciation expense-Buildings Supplies $ 16,000 4,200 1,400 140 850 220 50,000 3,500 2,500 85@ Exercise 3-15 (Algo) Preparing closing entries LO P6 Required information WINNO Journal entry worksheet 2 3 Record the closure of revenue account(s). Note: Enter debits before credits Debit Credit Transaction Account Title 1 Services revenue Income summary 25,000 25000 Recondente Claret Vammal Required information Journal entry worksheet Record the closure of expense account(s). Note: Enter debits before credits Account Title Transaction 2 Income summary Debit Credit 10,860 10,860 Prey 19 of 25 Next > Search o Journal entry worksheet Search d Required information Journal entry worksheet