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W E4-22 (similar to) Question Help o Selected accounts for Kenmore Photography December 31, 2018, follow: (Click the icon to view the selected accounts.) Requirements 1. Journalize Kenmore Photography's closing entries at December 31, 2018 2. Determine Kenmore Photography's ending Retained Earnings balance at December 31, 2018 Date Accounts and Explanation Debit Credit 35,000 Dec. 31 Clos. (1) Service Revenue Income Summary - X 35,000 Data Table To close revenues. Retained Earnings 55,000 Close expenses for the period. Date Accounts and Explanation Debit Credit Dividends Service Revenue Dec. 31 45,800 20,000 32,000 Clos (2) 34,900 2,900 3,000 Income Summary Salaries Expense Supplies Expense Depreciation ExpenseFurniture Depreciation ExpenseBuilding To close expenses. 1,300 6.700 Salaries Expense 33,900 1,000 Supplies Expense 2,900 Close Income Summary. Date Debit Credit Accounts and Explanation Retained Earnings Income Summary Depreciation ExpenseBuilding 6,700 Depreciation Expense-Furniture 1,3001 Dec. 31 Clos. (3) Print Done To close Income Summary. Choose from any list or enter any number in the input fields and then click Check Answer. 2 parts remaining Clear All Check

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