Prepare the Necessary Closing Entries Based on the Following Selected

Essay

Prepare the necessary closing entries based on the following selected accounts. $\begin{array}{lr}\text { Accumulated Depreciation } & \$ 10,000 \\\text { Depreciation Expense } & 6,000 \\\text { Owner's Capital } & 20,000 \\\text { Owner's Drawings } & 9,000 \\\text { Salaries and Wages Expense } & 19,000 \\\text { Service Revenue } & 40,000\end{array}$