Answer:
(A)
income summary       728,776‬
 cost of goods sold            509,030
 adminsitrative expenses        183,720
 income tax expense            36,026
to record close of expense account
(B)
revenues   822,958
 income summary     822,958
to record close of revenues account
(C)
income summary  18,372
 dividends               18,372
to record close of dividends account
(D)
income summary   75,810
 retained earnings       75,810
to record close of income summary to retained earnings
Explanation:
(A)
expenses normal balance is debit, to close them, we credit them
(B)
revenues normal balance is credit, to closethem, we debit it.
(C) dividends normal balance is debit, we credit in order to close it.
(D) to close incom summary we will calcualte their balance:
debit for 728,776
debit for   18,732
credit for          822,598
balance             18,372 credit
to close we will debit against retained earnings.
