Question: Exam 1 Chapters 1, 2, 3, 4 0 The adjusted trial balance for Yondel Company at December 31, 2021 is presented below. 10 Credit Debit

 Exam 1 Chapters 1, 2, 3, 4 0 The adjusted trial

Exam 1 Chapters 1, 2, 3, 4 0 The adjusted trial balance for Yondel Company at December 31, 2021 is presented below. 10 Credit Debit $ 6,000 18,000 445,000 02:16.15 Account Cash Prepaid rent Land Accounts payable salaries payable Common stoek Retained earnings Dividends Service revenue Salaries expense Rent expense Utilities expense Totala $ 10,000 23,000 220,000 172,000 12,000 300,000 190.000 28,000 26.000 $725,000 $725,000 Prepare the closing entries for Yondel Company for the year ended December 31, 2021. (If no entry is required for transaction/event, select "No journal entry required in the first account field.) View transaction list Record the closing entry for service revenue. 1 Record the closing entry for expenses. Record the closing entry for dividends. Credit Note : - Journal entry has been entered Record entry Clear entry View general Journal

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