Selected year-end account balances from the adjusted trial balance as of december 31, 2022, for tippy corporation is provided below. debit credit accounts receivable 72,600 dividends 26,300 depreciation expense 13,200 equipment 212,800 salaries and wages expense 91,100 accounts payable 53,000 accumulated depreciation equipment 114,800 unearned rent revenue 22,900 service revenue 183,800 rent revenue rent expense retained earnings supplies expense 3,600 61,800 1,400
(a) prepare closing entries. (credit account titles are automatically indented when the amount is entered. do not indent manually. if no entry is required, select no entry for the account titles and enter 0 for the amounts.)