Return to qu QS 3-21 Preparing closing entries from the ledger LO P4 The ledger of Mal Company includes the following accounts with normal balances: Common Stock, $10,700, Dividends, $1650: Services Revenue, $30,000, Wages Expense, $16,900 and Rent Expense, $5,000 Prepare the necessary closing entries from the available information at December 31 3 Answer is not complete. No General Journal Debit Credit Dec 31 Services revenue 30,000 Income summary 30,000 Dec 31 ncome summary 0 16 900 16 ,900 0 Wages expense 3Income summary 5,0003 5,000 3 Retained earnings Dec 31 Retained earnings 1 650 15of 161 .1MGJ047.MOV