The ledger of Sunland Company contains the following balances: Owner$’$s Capital $$28,900,$ Owner$’$s Drawings $$2,100,$ Service Revenue $$51,000,$ Salaries and Wages Expense $$26,400,$ and Supplies Expense $$7,100.$

The closing entries are as follows:

$(1)$  Close revenue accounts.

$(2)$ Close expense accounts.

$(3)$ Close net income$/($loss$).$

$(4)$ Close drawings.

Enter the balances in T$-$accounts, post the closing entries in the order presented in the problem and use the numbers as a reference.

Salaries and Wages Expense

select an option

enter a debit amount

select an option

enter a credit amount

Supplies Expense

select an option

enter a debit amount

select an option

enter a credit amount

Service Revenue

select an option

enter a debit amount

select an option

enter a credit amount

Owner$’$s Drawings

select an option

enter a debit amount

select an option

enter a credit amount

Income Summary

select an option

enter a debit amount

select an option

enter a credit amount

select an option

enter a debit balance

select an option

enter a credit balance

Owner$’$s Capital

select an option

enter a debit amount

select an option

enter a credit amount

select an option

enter a debit amount

select an option

enter a credit amount

select an option

enter a debit balance

select an option

enter a credit balance