Diane’s Dairy Sales & Delivery finished its first year of operations on December 31, 2022. After adjusting journal entries, the company presented the following adjusted trial balance.

Using this trial balance, prepare Diane’s necessary entries to close out temporary accounts at year-end. Omit explanations.

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Diane's Dairy Sales & Delivery Adjusted Trial Balance At December 31 Account Cash Accounts Receivable Supplies Prepaid Insurance Prepaid Rent Equipment Accumulated Depreciation-Equipment Accounts Payable Wages Payable Deferred Revenue Notes Payable, due 2023 Common Stock Retained Earnings Dividends Sales Revenue Wage Expense Debit $ 833,000 179,000 83,000 13,000 30,000 350,000 12,000 320,000 Credit $ 30,000 150,500 24,000 12,000 80,000 1,000,000 0 1,000,500