Requirements 1. Assume Stone Sign Company has a January 31 year-end. Journalize Stone's closing entries at January 31 2. How much net income or net loss did Stone earn for the year ended January 31? How can you tell? Requirement 1. Assume Stone Sign Company has a January 31 year-end. Journalize Stone's closing entries at Ja First, we will close the Service Revenue account. Accounts and Explanation Date Debit Credit Jan. 31