At December 31, 2019, the ledger of Aulani Company includes the following accounts, all having normal balances: Sales Revenue, $75,400; Cost of Goods Sold, $39,600; Retained Earnings, $20,000; Interest Expense, $3,200; Dividends, $5,000; Wages Expense, $8,000, and Interest Payable, $2,100. Required: Question Content Area 1. Prepare the closing entries for Aulani at December 31, 2019. If an amount box does not require an entry, leave it blank. Dec. 31 (Close revenues) Dec. 31 (Close expenses) Dec. 31 (Close Income Summary) Dec. 31 (Close Dividends) Question Content Area
