S 3-22 (Algo) Preparing closing entries LO P6 he following is the adjusted trial balance of Sierra Company. Sierra Company Adjusted Trial Balance Account Title December 31 Cash Prepaid insurance Notes receivable (due in 5 years) Buildings Accumulated depreciation-Buildings Notes payable (due in 3 years) Accounts payable Common stock Retained earnings Dividends Consulting revenue Wages expense Depreciation expense-Buildings Insurance expense Totals Prepare Its December 31 closing entries. View fransaction list Journal entry worksheet 2 Debit Credit $ 5,200 520 4,200 20,400 $ 12,200 2,700 3,200 6,600 4,300 1,040 9,700 3,700 2,080 1,560 $ 38,700 $ 38,700 Prepare the entry to close the revenue account(s)