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The year-end adjusted trial balance of Aggies Corporation included the following account balances: Retained Earnings, $225,000; Service Revenue, $875,000; Salaries Expense, $385,000; Rent Expense,
The year-end adjusted trial balance of Aggies Corporation included the following account balances: Retained Earnings, $225,000; Service Revenue, $875,000; Salaries Expense, $385,000; Rent Expense, $145,000; Interest Expense, $80,000; and Dividends, $55,000. Record the necessary closing entries. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet < 1 2 3 Record the entry to close revenue accounts. Note: Enter debits before credits. Date December 31 General Journal Debit Credit
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