Question: Based on the data below, close out the revenue, expense, income summary, and drawing accounts. Service Fees = $100,000 Rent Expense = $10,000 Wage Expense

Based on the data below, close out the revenue, expense, income summary, and drawing accounts.

Service Fees = $100,000

Rent Expense = $10,000

Wage Expense = $20,000

Utilities Expense = $12,000

Supplies Expense = $1000

Insurance Expense = $1000

Depreciation Expense = $4000

Drawing = $1000

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