Presented below are selected account balances for Blue Co$.$ as of December $31,2025.$ Prepare closing entries for Blue Co$.$ on December $31,2025.($Credit account titles are automatically indented when amount is entered. Do

not indent manually. If no entry is required, select $"$No entry" for the account titles and enter $0$ for the amounts. List all debit entries before credit

entries.$)$

No$.$ Account Titles and Explanation

Credit

$($To close accounts with credit balances$)$

$[$

$$

$[$

$($To close accounts with debit balances$)$

$($To close net income $/($loss$))$

$($To close dividends$)$