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The Income Statement columns of the work sheet of Dunn Company for the fiscal year ended June 30 follow. During the year, K. Dunn withdrew
The Income Statement columns of the work sheet of Dunn Company for the fiscal year ended June 30 follow. During the year, K. Dunn withdrew $3,100. INCOME STATEMENT ACCOUNT NAME DEBIT CREDIT 10,123 Service Revenue 5,365 4,185 Rental Revenue Rent Expense Wages Expense Utilities Expense Miscellaneous Expense 2,790 697 107 7,779 15,488 Net Income 7,709 15,488 15,488 Required: Journalize the closing entries. If an amount box does not require an entry, leave it blank. GENERAL JOURNAL PAGE DATE DESCRIPTION DOC. NO. POST. REF. DEBIT CREDIT 20-- Closing Entries Jun. 30 Jun. 30 Jun. 30 Jun. 30
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