what is the closing entry for the revenues account, the closing entry for the expense account and the closing entry for the dividends account?

The account balances of Pacilio Security Services, Incorporated as of January 1, Year 8, are shown here: During Year 8, Pacillo Security Services experienced the following transactions: 1. Paid the salaries payable from Year 7 . 2. Purchased equipment and a van for a lump sum of $36,000 cash on January 2, Year 8 . The equipment was appralsed for $10,000 and the van was appraised for $30,000. 3. Paid $9,000 on May 1, Year 8 , for one year's office rent in advance. 4. Purchased $300 of supplies on account. 5. Purchased 120 alarm systems at a cost of $280 each. Paid cash for the purchase. 6. After numerous attempts to collect from customers, wrote off $2,350 of uncollectiole accounts receivabie. 7. Sold 115 alarm systems for $580 each. All sales were on account. (Be sure to compute cost of goods sold using the FiFO cost flow method) 8. Record the cost of goods sold related to the sale from Event 7 using the FIFO method. 9. Billed $86,000 of monitoring services for the year, Credit card sales amounted to $36,000, and the crecit card company charged a 4 percent fee. The remaining $50,000 were sales on account. 10. Replenished the petty cash fund on June 30. The fund had $12 cash and receipts of $45 for yard mowing. $28 for office supplies expense, and $11 for miscellaneous expenses. 11. Collected the amount due from the credit card company. 12. Pald installers and other employees a total of $52,000 cash for salaries. 13. Colfected $115,500 of accounts receivable during the year. 14. Paid $12,500 of advertising expense during the year. 15. Paid $6,800 of utilities expense for the year. 16. Soid the land for $12,000. 17. Paid the accounts payable. 18. Poid a dividend of $10,000 to the shareholders. 19. Defermined that $180 of supplies were on hand at the end of the year. 20. Recognized the expired rent for both the old van and the office building for the year, The lease on the van was not renewed. Rent paid on March 1, Year 7, for the van was $4,800. 21. Recognized uncollectible accounts expense for the year using the allowance method. Pacilio estimates that 3 percent of sales on account will not be collected. 22. Recognized depreciation expense on the equipment and the van. The equipment has a five-year life and a $2,000 salvage value. The van has a four-year life and a $6,000 salvage value. The company uses double-declining-balance for the van and straight-line for the equipment. 23. Accrued salarles at December 31, Year 8, were $1,500. General Journal tab - Prepare the journal entries to record transactions (1) through (18). Then prepare the necessary odjusting entries (19) through (23) to correctly report net income for the period. Then record the closing entries (24) through (26) as of December 31 , Year 8. Generat Ledger tab - Each journal entry is posted automatically to the general ledger. Trial Balance tab - The ending balance values from the General Ledger tab flows through to the Trial Balance tab. Income Statement tab - Use the drop-down to seloct the accounts properfy included on the income statement. Statement of Changes in Stockholders' Equity tab - Prepare the stotement of changes in stockholders' equity for ine year ended December 31 , Year 8 ; fratance Sheet tab - Prepare o classified Batance Sheet at December 31, Year 8. Statement of Cash Statement of Cash flows - Prepare the statement of cash flow for year ended December 31 , Year 8. Anaiysis tab - Use a horizontal statements model to show how each transaction affects the balance sheet, income statement, and statement of cash flows