Question $6$: Using the following data, prepare the closing entries for the month ended December $31,2024.$

$\backslash$table$[[$Accounts Payable,$$34,000,$Notes Payable due in $2028,$$$,],[$Accounts Receivable,$39,000,,$Prepaid Insurance,$3,000],[$Accumulated Depreciation $-$ Equipment,$8,000,$Rent Revenue,$5,000,],[$Advertising Expense,$10,100,$Retained Earnings, $\frac{1}{1}\frac{?}{24},180,000,],[$Cash$,68,200,$Salaries & Wages Expense,$23,900,],[$Common Stock,$69,000,$Service Revenue,$115,400,],[$Dividends$,8,900,,$Supplies,$30,250],[$Equipment$,134,000,,$Unearned Revenue,$19,900],[$Land$,163,650,,$Utilities Expense,$11,800]]$

Accounting $201$ Working Papers $-$ SPRING $2024$