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Journalize the closing entries

Acct Trial Balance Adjustments Cr. Adjusted Trial Balance Dr. Cr. Income Statement Dr. Cr. Dr. Cr. Dr. 44,800.00 44,800.00 13,440.00 3,770.00 17,210.00 42,390.00 42,390.00 140.00 4,099.00 4.239.00 60,910.00 103 350.00 1,500.00 82,625.00 750.00 250.00 60,910.00 20,725.00 750.00 0.00 250.00 74,000.00 6,000.00 0.00 150.00 4,429.80 0.00 1101 1102 1201 1202 1203 1204 1205 2001 2002 2003 2004 2005 3001 3002 4001 4002 4003 5001 5002 5003 5004 5005 5006 5007 5008 6001 6002 Account Name Property, Plant and Equipment Accum. Depreciation Accounts Receivable Allowance for Doubtful Accounts Cash Merchandise Inventory Prepaid Rent Wages Payable Accounts Payable Notes Payable Interest Payable Income Tax Payable Retained Earnings Common Stock Sales Income Summary Sales Returns and Allowance Cost of Goods Sold Bad Debt Expense Purchase Rent Expense Interest Expense Depreciation Expense Other Expense Wages Expense Income Tax Expense Dividends TOTAL 74,000.00 6,000.00 150.00 4,429.80 10.950.00 45,000.00 139,750.00 10.950.00 45,000.00 139,750.00 139,750.00 0.00 13,000.00 0.00 82,625.00 4,099.00 13,000.00 82,625.00 4,099.00 13,000.00 82,625.00 4,099.00 0.00 0.00 0.00 2,100.00 750.00 2.850.00 450.00 300.00 150.00 3,770.00 2.850.00 450.00 3,770.00 3,800.00 14.390.00 0.00 3,800.00 14,140.00 0.00 3,000.00 289 290.00 250.00 4,429.80 3,770.00 3,800.00 14,390.00 4,429.80 3,000.00 301 988.80 301.988.80 Net Income Total 289, 290.00 96,073.80 96,073 80 139,750.00 129,413 80 10,336,20 139,750.00 139,750.00

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