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The journal entry to close the Fees Earned, $132, and Rent Revenue, $27, accounts during the year-end closing process would be: Dec. 31Revenues159 Income Summary159

The journal entry to close the Fees Earned, $132, and Rent Revenue, $27, accounts during the year-end closing process would be:

Dec. 31Revenues159

Income Summary159

Dec. 31Income Summary159

Fees Earned132

Rent Revenue27

Dec. 31Fees Earned132

Rent Revenue27

Income Summary159

Dec. 31Income Summary159

Revenues159

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