On page 178 is the partial work sheet for C^ski Veterinary Ser¬

vice for the fiscal year ending December 31 of this year:

Instructions Journalize the closing entries with the four steps in the proper sequence

ACCOUNT NAME INCOME STATEMENT DEBIT BALANCE SHEET CREDIT DEBIT CREDIT 1 Cash 2 Accounts Receivable 3 Supplies 4 Equipment 5 6 Truck 7 8 9 L. Creski, Capital 10 L. Creski, Drawing 11 Service Income 1185 200 1 712400 2 262000 3 1965600 st 4 Accumulated Depreciation, Equipment Accumulated Depreciation, Truck Accounts Payable 14440 00 5 1433600 12880 00 7 3304 00 15 596 00 6869 41 600 00 10 102 8 6 4 00 11 12 Wages Expense 13 Rent Expense 14 Truck Operating Expense 15 17 18 19 20 21 22 23. Telephone Expense 16 Supplies Expense Depreciation Expense, Equipment Depreciation Expense, Truck 29 680 00 960000 772000 96000 92800 124800 12 13 14 15 16 17 1760 00 18 Net Income 51896 00 102 8 6 4 00 50 96800 971 8800 46 2 2000 19 50 968 00 20 102 86400 102 8 6 4 00 97 1 8 8 00 97 188 00 21 24 25 222222 23 24 25