View Policies Current Attempt in Progress Sunland Company shows the following balances in selected accounts of its adjusted trial balance. Supplies Supplies Expense Accounts Receivable Owner's Drawings Owner's Capital $32,400 6,500 12,400 22,800 79,000 Service Revenue Salaries and Wages Expense Utilities Expense Rent Expense $109,000 40,600 7.900 17,800 Journalize the closing entries at December 31. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31 (To close revenue account) Dec. 31 Date Account Titles and Explanation Debit Credit Dec. 31 (To close revenue account) Dec. 31 (To close expense accounts) Dec. 31 (To close net income / (loss)) Dec. 31 (To close drawings) Save for Later Attempts: 0 of 1 used Submit