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Sheridan Company shows the following balances in selected accounts of its adjusted trial balance. Supplies Supplies Expense Accounts Receivable Dividends Retained Earnings Service Revenue Salaries

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Sheridan Company shows the following balances in selected accounts of its adjusted trial balance. Supplies Supplies Expense Accounts Receivable Dividends Retained Earnings Service Revenue Salaries and Wages Expense Utilities Expense Rent Expense $24,320 4,560 9,120 16.720 53,200 82,080 30,400 6,080 13,680 Date Account Titles and Explanation Debit Credit Dec. 31 (To cose revenue to income summary) Dec. 31 (To close expenses to income summary) Dec. 31 (To cose net income to retained earnings)

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