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
$22,600
Salaries Expense
$7,200
Rent Expense
$4,500
Advertising Expense
$2,200
Owner's Drawing
$6,200
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 22,600 December 31 Income Summary 22,600 December 31 Income Summary 13,900 December 31 Salaries Expense 7,200 December 31 Rent Expense 4,500 December 31 Advertising Expense 2,200 December 31 Income Summary 8,700 December 31 Nikki Mac, Capital 8,700 December 31 Nikki Mac, Capital 6,200 December 31 Nikki Mac, Drawing 6,200