1. E-F:4-23. Preparing closing entries from T-accounts (Learning Objective 3)
2. Selected accounts for Kebby Photography at December 31, 2024, follow:
3. Requirements
   1. 1. Journalize Kebby Photographys closing entries at December 31, 2024.
   2. 2. Determine Kebby Photographys ending Retained Earnings balance at December 31, 2024.

Retained Earnings 49,000 Dividends Service Revenue 14,000 33,000 4,500 Salaries Expense Supplies Expense 31,800 2,700 1,400 Depreciation Expense-Building Depreciation Expense-Furniture 7,000 1,500