Question: -/2 Question 14 of 15 Current Attempt in Progress Selected year-end account balances from the adjusted trial balance as of December 31, 2022, for Marigold

-/2 Question 14 of 15 Current Attempt in Progress Selected year-end account balances from the adjusted trial balance as of December 31, 2022, for Marigold Corp. is provided below. Debit Credit $87.120 31,560 15,840 255,360 109,320 Accounts Receivable Dividends Depreciation Expense Equipment Salaries and Wages Expense Accounts Payable Accumulated Depreciation-Equipment Unearned Rent Revenue Service Revenue Rent Revenue Rent Expense Retained Earnings Supplies Expense $63,600 137.760 27.480 220,560 7.440 4.320 74,160 1,680 (a) Prepare closing entries. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Credit Debit count Titles and Explanation -/2 Question 14 of 15 Prepare closing entries. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Credit Date Debit Account Titles and Explanation 220560 Dec. 31 Service Revenue Rent Expense 7440 228000 Income Summary (To close revenue account) A Dec. 31 Income Summary 15840 g Depreciation Expense 109320 Salaries and Wages Expense 4,320 AO Rent Expense 1.680 Q ACE Supplies Expense (To close expense accounts) Income Summary Dec. 31 Q Ace Retained Earnings (To close net income to retained earnings) Vie Dec. 31 Retained Earnings Dividends Qu (To close dividends to retained earnings)
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