Sunland company shows the following balances in selected accounts of its adjusted trial balance.

Supplies 32,400.

Service Revenue 109,000

Supplies expense 6,500.

Salaries and Wages Expense 40,600

Account Receivable 12,400

Utilities Expense 7,900

Owners Drawings 22,800

Owners Capital 79,000

Rent expense 17,800

Journalize the closing entries at December 31.

NEXT Do It! Review 4-02 Sunland Company shows the following balances in selected accounts of its adjusted trial balance. Supplies $32,400Service Revenue $109,000 Supplies Expense6.500 Sataries and wages tbx Accounts Receivable12,400 Utilities Expense Owner's Drawings22,800 Rent Expense Owner's Capital 7.900 17,800 mnnumaanuim 79,000 ournalize the closing entries at December 31. (Credit account titles are automatically indented when amount is entered, Do not indent man 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 / Coss)) Dec. 31 (To close drawings) SHOW LIST OF ACCOUNTS