The alphabetical listing below includes all of the adjusted account balances of T.O.s Dance Studio as of December 31, 2015. All account balances are normal.

The alphabetical listing below includes all of the adjusted account balances of TO.'s Dance Studio as of December 31, 2015. All account balances are normal. S4,200 8,500 quipment 3,600 2,700 4,000 1,300 1,600 9,600 1,200 1,200 1,700 3,700 8,200 18,100 2,600 Accounts Payable Accumulated Depreciation--Equipment3 Common Stock Cash Depreciation Expense Equipment Income Tax Expense Income Taxes Payable Rent Expense Retained Earnings Salaries and Wages Expense Service Revenue Unearned Revenue Required: a. Prepare the closing entries. (If no entry is required for a transaction event, select "No Journal Entry Required" in the first account field.) view transaction list view general journal Journal Entry Worksheet Record the entry to close the income summary account. ransaction General Journa Debit Credit *Enter debits before credits record entry