The ledger of oriole company contains the following balances: owner’s capital $30,100, owner’s drawings $2,300, service revenue $50,000, salaries and wages expense $25,400, and supplies expense $7,400. prepare the closing entries at december 31. (credit account titles are automatically indented when amount is entered. do not indent manually.) date account titles and explanation debit credit dec. 31 (to close revenue account) dec. 31 (to close expense accounts) dec. 31 (to close net income/ (loss)) dec. 31 (to close drawings) click if you would like to show work for this question: open show work