Acc280 Financial Accounting: BE4-4 The ledger of Swann Company contains the

Acc280 Financial Accounting BE4-4 The ledger of Swann Company contains the following balances: D. Swann, Capital $30,000; D. Swann, Drawing $2,000; Service Revenue $50,000; Salaries Expense $27,000; and Supplies Expense $4,000. Prepare the closing entries at December 31.  (For multiple debit/credit entries, list amounts from largest to smallest eg 10, 5, 3, 2.)
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