Try another version of this question Nikki’s Lab had the following accounts and normal balances listed on its adjusted trial balance. Journalize the closing entries needed on December 31, 2019 for Nikki’s Lab
Service Revenue
$21,100
Salaries Expense
$6,800
Rent Expense
$4,400
Advertising Expense
$2,200
Owner's Drawing
$5,500
Date Description Debit Credit December 31 December 31 December 31 December 31 December 31 December 31 December 31 December 31 December 31 December 31 Date Description Debit Credit December 31 Service Revenue 21,100 December 31 Income Summary 21,100 December 31 Income Summary 13,400 December 31 Salaries Expense 6,800 December 31 Rent Expense 4,400 December 31 Advertising Expense 2,200 December 31 Income Summary 7,700 December 31 Nikki Mac, Capital 7,700 December 31 Nikki Mac, Capital 5,500 December 31 Nikki Mac, Drawing 5,500