Selected year-end account balances from the adjusted trial balance as of December 31, 2017, for Swifty Corporation is provided below.

DebitCreditAccounts Receivable

$53,720Dividends

19,460Depreciation Expense

9,770Equipment

157,470Salaries and Wages Expense

67,410Accounts Payable

$39,220Accumulated DepreciationEquipment

84,950Unearned Rent Revenue

16,950Service Revenue

136,010Rent Revenue

4,590Rent Expense

2,660Retained Earnings

45,730Supplies Expense

1,040

(a)

Help Prepare closing entries.(Credit account titles are automatically indented when the 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

(To close revenue account)

Dec. 31

(To close expense accounts)

Dec. 31

(To close net income to retained earnings)

Dec. 31

(To close dividends to retained earnings)