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Loker Incorporated's fiscal yesr-endis December 31, 2021. The following is an adjusted trial balance as...

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Accounting

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Loker Incorporated's fiscal yesr-endis December 31, 2021. The following is an adjusted trial balance as of December 31. Credit Debit $ 10, see 31,580 22.500 Accounts Cash Supplies Prepaid Rent Accounts Payable Notes Payable Common Stock Retained Earnings Dividends Service Revenue Salaries Expense Advertising Expense Rent Expense Utilities Expense Totals $ 1,50 15,800 32,500 7.500 2.580 55,500 18,520 11,500 8. See 6. See $112.000 $112,02 Required: 1. Prepare the necessary closing entries. (If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field.) View transaction let Journal entry worksheet

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