Using the below information, prepare the closing entries for Moiz Company.

	Debit	Credit
Common Stock		30,000
Retained Earnings		20,000
Dividends	30,000
Sales Revenue		510,000
Sales Returns and Allowances	20,000
Sales Discounts	7,000
Cost of Goods Sold	310,000
Freight-Out	2,000
Advertising Expense	15,000
Interest Expense	19,000
Salaries and Wages Expense	55,000
Utilities Expense	18,000
Depreciation Expense	7,000
Interest Revenue		23,000

Date	Account Titles	Ref.	Debit	Credit
(1)
(2)
(3)
(4)