The following T accounts summarize entries made to selected general ledger accounts of Cooper & Company. Certain entries, dated December 31, are closing entries. Prepare the closing entries that were made on December 31.

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Maintenance Revenue Wages Expense 12/31 90,000 64,000 12/1 Bal. 13,000 12/15 13,000 12/30 12/1 Bal. 11,000 12,000 12/31 12/15 12/30 500 500 Supplies Expense Retained Earnings 12/31 5,000 45,000 12/1 Bal 123 Ba 2200 2,750111050 1723 B 12/31 75,250 12/31 Dividends Income Summary 127 ba. 500 5,000 121 1260.2 12/31 14,750 90,000 12/3 12/31 75,250 2