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
$22,700
Salaries Expense
$7,000
Rent Expense
$4,300
Advertising Expense
$2,400
Owner's Drawing
$6,100
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 22,700 December 31 Income Summary 22,700 December 31 Income Summary 13,700 December 31 Salaries Expense 7,000 December 31 Rent Expense 4,300 December 31 Advertising Expense 2,400 December 31 Income Summary 9,000 December 31 Nikki Mac, Capital 9,000 December 31 Nikki Mac, Capital 6,100 December 31 Nikki Mac, Drawing 6,100