(Answered) Hamilton realty company incs income statement accounts at

Accounting

Hamilton Realty Company, Inc.'s income statement accounts at the end of its fiscal year, December 31, follow. Hamilton paid dividends of $5,000 during the year. Prepare the required closing entries.

Account name	Debit	Credit
Commission Revenue		$25,620
Wages Expense	$8,110
Rent Expense	1,200
Supplies Expense	4,260
Insurance Expense	915
Depreciation Expense - Office Equipment	1,345
Total Expenses		15,830
Net Income		mce_markernbsp; 9,790

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