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The adjusted trial balance for Yondel Company at December 31, 2021 is presented below: rded Accounts Cash Prepaid rent Land Accounts payable Salaries payable Common

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The adjusted trial balance for Yondel Company at December 31, 2021 is presented below: rded Accounts Cash Prepaid rent Land Accounts payable Salaries payable Common stock Retained earnings Dividends Service revenue Salaries expense Rent expense Utilities expense Totals Debit Credit $ 8,000 18,000 400,000 $10,000 19,000 260,000 100,000 11,000 330,000 230,000 25,000 27,000 $719,000 $219,000 Prepare the closing entries for Yondel Company for the year ended December 31, 2021. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) No Date General Journal Debit Credit 1 x 330,000 December 31, 202 Cash Service revenue 330,000 2 December 31, 202 Accounts payable 3 282 000 to search li NI 7 Retained earnings Dividends Service revenue Salaries expense Rent expense Utilities expense Totals 100,000 11,000 330,000 230,000 25,000 27, $719.000 $719,000 2 awarded Prepare the closing entries for Yondel Company for the year ended December 31, 2021 (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) cored NO Date General Journal Credit Debit 330,000 1 > December 31, 202 Cash Service rovence * * 330,000 2 282.000 December 31, 202 Accounts payable Ront expenso Salarios expenso Us exponse 25,000 230,000 27 000 OO 3 11,000 >> December 31, 202 Dividends Cash 3 11 000

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