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The ledger of Mai Company includes the following accounts with normal balances as of December 31: D. Mai, Capital $9,500; D. Mai, Withdrawals $1,050; Services

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The ledger of Mai Company includes the following accounts with normal balances as of December 31: D. Mai, Capital \$9,500; D. Mai, Withdrawals \$1,050; Services Revenue \$18,000; Wages Expense \$10,900; and Rent Expense \$2,600. Prepare its December 31 closing entries. Journal entry worksheet 4 Record the entry to close revenue accounts. Note: Enter debits before credits

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