QS 3-18 (Static) Preparing closing entries from the ledger LO P6 The ledger of Mai Company includes the following accounts with normal balances as of December 31: Common Stock $9,000; Dividends $800; Services Revenue $13,000; Wages Expense $8,400; and Rent Expense $1,600. Prepare its December 31 closing entries. Answer is not complete. No Date General Journal Debit Credit 1 Dec 31 Services revenue 13,000 Income summary 13,000 2 Dec 31 4,600 Income summary Wages expense 3 Dec 31 1,600 Income summary Retained earnings 1,600 X 4 Dec 31 13,000 Retained earnings Dividends 800