sing the Trial Balance (Links to an external site.) for Cookie Inc, prepare the four closing journal entries

DR: [ Select ] ["Income Summary", "Retained Earnings", "Revenue", "Expenses"] [ Select ] ["", "70,000", "300,000"]

CR: [ Select ] ["Retained Earnings", "Expenses", "Revenue", "Income Summary"] [ Select ] ["300,000", "70,000"]

DR: [ Select ] ["Income Summary", "Expenses", "Revenue", "Retained Earnings"] [ Select ] ["70,000", "230,000"]

CR: [ Select ] ["Expenses", "Income Summary", "Retained Earnings", "Dividends"] [ Select ] ["230,000", "70,000"]

DR: [ Select ] ["Revenue", "Expenses", "Income Summary", "Retained EArnings"] [ Select ] ["70,000", "230,000", "300,000"]

CR: [ Select ] ["Revenue", "Income Summary", "Retained Earnings", "Expenses"] [ Select ] ["70,000", "300,000", "230,000"]

DR: [ Select ] ["Income Summary", "Dividends", "Retained Earnings"] [ Select ] ["250,000", "19,500", "45,000"]

CR: [ Select ] ["Net Income", "Retained Earnings", "Dividends"] [ Select ] ["19,500", "250,000", "45,000"]

................................

Cookie Inc. Trial Balance
Account #	Account Name	DR	CR
101	Cash	$ 189,000.00
111	Accounts Receivable	$ 120,000.00
121	Inventory	$ 56,000.00
131	Equipment	$ 72,000.00
141	Less Accumulated Depreciation		$ 1,500.00
201	Accounts Payable		$ 90,000.00
301	Stock		$ 250,000.00
303	Retained Earnings		$ 45,000.00
315	Dividends	$ 19,500.00
401	Revenue		$ 300,000.00
501	Expenses	$ 230,000.00
		$ 686,500.00	$ 686,500.00