Robert Evans owns a business, Beachside Realty, that rents condominiums and furnishings. The adjusted trial balance at December 31 is as follows: Account No. Debit Balances Credit Balances 11 12 1,500 2,000 100 13 14 1,600 16 2,800 15,000 18 19 3,000 21 22 23 Cash Accounts Receivable Interest Receivable Prepaid Insurance Notes Recelvable (long-term) Equipment Accumulated Depreciation Accounts Payable Accrued Expenses Payable Income Taxes Payable Unearned Rent Fees Robert Evans, Capital Robert Evans, Drawing Rent Fees Earned Furniture Rental Revenue Interest Revenue Wages Expense Depreciation Expense Utilities Expense Insurance Expense Maintenance Expense Income Tax Expense 2,400 3,920 2,700 500 24 31 7.700 32 2,000 41 42 43 37,000 1,200 100 51 19.000 1,800 52 53 320 54 55 56 700 9,000 2,700 58,520 58,520 Journalize the entry required to close the revenue and expense accounts at the end of the period. It an amount bow does not reuire an entrevit bank Previous 42 1,200 100 51 52 Furniture Rental Revenue Interest Revenue Wages Expense Depreciation Expense utilities Expense Insurance Expense Maintenance Expense Income Tax Expense 53 19,000 1,800 320 700 9,000 2,700 58,520 55 56 58.520 Journate the entry required to close the revenue and expense accounts at the end of the period. If an amount box does not require an entry leave Dec. 31 Accounts Receivable Cash Equipment Rent Fees Earned Robert Evans, Drawing Prenos MacBook Air 3 4 6 & 7 8 9 E R. . Y O D G . J . B N M