Selected accounts for Sunlands Salon at December 31, 2021, are presented below A Sunland, Capital Dr Cr 31,000 A Sunland, Drawings Dr Cr 1,300 Service Revenue Dr Cr 49,600 Salaries Expense Dr Cr 21,900 Rent Expense Dr Cr 7,200 Supplies Expense Dr Cr 7,500 Prepare closing entries to close the accounts (Credit account titles are automatically indented when amount is entered Do not indent manually If no entry is required, select No Entry for the account titles and enter 0 for the amounts ) Date Account Titles and Explanation Debit Credit Dec 31 Income SummaryA Sunland, CapitalA Sunland, DrawingsNo EntryService RevenueRent ExpenseSalaries ExpenseSupplies Expense Income SummaryA Sunland, CapitalA Sunland, DrawingsNo EntryService RevenueRent ExpenseSalaries ExpenseSupplies Expense (To close revenue account) Dec 31 Income SummaryA Sunland, CapitalA Sunland, DrawingsNo EntryService RevenueRent ExpenseSalaries ExpenseSupplies Expense Income SummaryA Sunland, CapitalA Sunland, DrawingsNo EntryService RevenueRent ExpenseSalaries ExpenseSupplies Expense Income SummaryA Sunland, CapitalA Sunland, DrawingsNo EntryService RevenueRent ExpenseSalaries ExpenseSupplies Expense Income SummaryA Sunland, CapitalA Sunland, DrawingsNo EntryService RevenueRent ExpenseSalaries ExpenseSupplies Expense (To close expense accounts) Dec 31 Income SummaryA Sunland, CapitalA Sunland, DrawingsNo EntryService RevenueRent ExpenseSalaries ExpenseSupplies Expense Income SummaryA Sunland, CapitalA Sunland, DrawingsNo EntryService RevenueRent ExpenseSalaries ExpenseSupplies Expense (To close income summary) Dec 31 Income SummaryA Sunland, CapitalA Sunland, DrawingsNo EntryService RevenueRent ExpenseSalaries ExpenseSupplies Expense Income SummaryA Sunland, CapitalA Sunland, DrawingsNo EntryService RevenueRent ExpenseSalaries ExpenseSupplies Expense (To close drawings account) Post beginning balances and the entries (Post entries in the order of journal entries presented in the previous part For balances ending in 0 select bal for the date and 0 for the amount for the normal balance of the account ) Income Summary Bal Clos Bal Clos

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Selected accounts for Sunlands Salon at December 31, 2021, are presented below. A. Sunland, Capital Dr. Cr. 31,000 A. Sunland, Drawings Dr. Cr. 1,300 Service

Selected accounts for Sunlands Salon at December 31, 2021, are presented below.

A. Sunland, Capital
Dr.	Cr.
	31,000

A. Sunland, Drawings
Dr.	Cr.
1,300

Service Revenue
Dr.	Cr.
	49,600

Salaries Expense
Dr.	Cr.
21,900

Rent Expense
Dr.	Cr.
7,200

Supplies Expense
Dr.	Cr.
7,500

Prepare closing entries to close the accounts. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Date	Account Titles and Explanation	Debit	Credit
Dec. 31	Income SummaryA. Sunland, CapitalA. Sunland, DrawingsNo EntryService RevenueRent ExpenseSalaries ExpenseSupplies Expense
	Income SummaryA. Sunland, CapitalA. Sunland, DrawingsNo EntryService RevenueRent ExpenseSalaries ExpenseSupplies Expense
	(To close revenue account)
Dec. 31	Income SummaryA. Sunland, CapitalA. Sunland, DrawingsNo EntryService RevenueRent ExpenseSalaries ExpenseSupplies Expense
	Income SummaryA. Sunland, CapitalA. Sunland, DrawingsNo EntryService RevenueRent ExpenseSalaries ExpenseSupplies Expense
	Income SummaryA. Sunland, CapitalA. Sunland, DrawingsNo EntryService RevenueRent ExpenseSalaries ExpenseSupplies Expense
	Income SummaryA. Sunland, CapitalA. Sunland, DrawingsNo EntryService RevenueRent ExpenseSalaries ExpenseSupplies Expense
	(To close expense accounts)
Dec. 31	Income SummaryA. Sunland, CapitalA. Sunland, DrawingsNo EntryService RevenueRent ExpenseSalaries ExpenseSupplies Expense
	Income SummaryA. Sunland, CapitalA. Sunland, DrawingsNo EntryService RevenueRent ExpenseSalaries ExpenseSupplies Expense
	(To close income summary)
Dec. 31	Income SummaryA. Sunland, CapitalA. Sunland, DrawingsNo EntryService RevenueRent ExpenseSalaries ExpenseSupplies Expense
	Income SummaryA. Sunland, CapitalA. Sunland, DrawingsNo EntryService RevenueRent ExpenseSalaries ExpenseSupplies Expense
	(To close drawings account)

Post beginning balances and the entries. (Post entries in the order of journal entries presented in the previous part. For balances ending in 0 select bal for the date and 0 for the amount for the normal balance of the account.)