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The journal entry to close the Fees Earned, $124, and Rent Revenue, $32, accounts during the year-end closing process would be: Dec. 31Income Summary156 Fees

The journal entry to close the Fees Earned, $124, and Rent Revenue, $32, accounts during the year-end closing process would be:

Dec. 31Income Summary156

Fees Earned124

Rent Revenue32

Dec. 31Revenues156

Income Summary156

Dec. 31Fees Earned124

Rent Revenue32

Income Summary156

Dec. 31Income Summary156

Revenues156

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