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
$21,900
Salaries Expense
$7,300
Rent Expense
$4,400
Advertising Expense
$2,200
Owner's Drawing
$5,800
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 21,900 December 31 Income Summary 21,900 December 31 Income Summary 13,900 December 31 Salaries Expense 7,300 December 31 Rent Expense 4,400 December 31 Advertising Expense 2,200 December 31 Income Summary 8,000 December 31 Nikki Mac, Capital 8,000 December 31 Nikki Mac, Capital 5,800 December 31 Nikki Mac, Drawing 5,800