The following is the adjusted trial balance as of December 31, 2017 of Piedmont Exteriors: 
Provide the closing entry for the Income Summary account.
Definitions:
Accrual-Based Net Income
A measure of a company's financial performance that includes all earned revenues and incurred expenses, regardless of when cash transactions occur, according to the accrual principle.
Operating Income
The income generated from the primary activities of a business, not including the expenses from interest and taxes.
Intra-Entity Transfers
Transactions of assets, services, or funds within the same legal entity.
Accrual-Based Net Income
Net income calculated using the accrual method of accounting, which records revenue when earned and expenses when incurred, regardless of cash flow.
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