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
$20,300
Salaries Expense
$7,100
Rent Expense
$3,800
Advertising Expense
$2,600
Owner's Drawing
$6,300
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 20,300 December 31 Income Summary 20,300 December 31 Income Summary 13,500 December 31 Salaries Expense 7,100 December 31 Rent Expense 3,800 December 31 Advertising Expense 2,600 December 31 Income Summary 6,800 December 31 Nikki Mac, Capital 6,800 December 31 Nikki Mac, Capital 6,300 December 31 Nikki Mac, Drawing 6,300