use FOUR entries (close the revenue account, close the expense account, close the income summary account, close the dividend account

75,000 262500 $50,000 100000 50,000 es payable stock 42 500 80,000 110,000 112,500 25,000 Prepare jourmal entries to close the accounts. Use four entries to: (close the revenue accant, close the expense accounts,03) close the Income Summary account, and uL cose the Dividends account Debit Credit