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
$21,000
Salaries Expense
$6,800
Rent Expense
$4,500
Advertising Expense
$2,400
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 21,000 December 31 Income Summary 21,000 December 31 Income Summary 13,700 December 31 Salaries Expense 6,800 December 31 Rent Expense 4,500 December 31 Advertising Expense 2,400 December 31 Income Summary 7,300 December 31 Nikki Mac, Capital 7,300 December 31 Nikki Mac, Capital 6,200 December 31 Nikki Mac, Drawing 6,200