Question: ) Based on the year-end data below, make the four closing entries at year-end (25 points): Service Fees = $520,000 Drawing = $12,000 Rent Expense

) Based on the year-end data below, make the four closing entries at year-end (25 points):

Service Fees = $520,000

Drawing = $12,000

Rent Expense = $101,000

Wage Expense = $100,000

Utilities Expense = $99,000

Advertising Expense = $40,000

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