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The Ritz Hotel has the following balances in the selected accounts of its adjusted trail balance. Service revenue $ 30,000 Supplies expense 1,000 Dividends 3,000

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The Ritz Hotel has the following balances in the selected accounts of its adjusted trail balance. Service revenue $ 30,000 Supplies expense 1,000 Dividends 3,000 Rent expense Supplies expense Salaries expense 10,000 9,000 2,000 Prepare the closing entries at December31. (5.5 Marks) CLO4-AS3 Date Account Titles Dr. Cr

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