Presented below is income statement information of the Nebraska Corporation for the year ended December 31, 2013. 
Required:
Prepare the necessary closing entries at December 31, 2013.
Definitions:
Ethnicity
A social group that shares a common and distinctive culture, religion, language, or the like.
Abnormal Behavior
Patterns of emotion, thought, or action deemed pathological for one of several reasons, including statistical rarity, violation of norms, or personal distress.
Operant Conditioning
A form of associative learning in which the consequences of a behavior change the probability of the behavior’s occurrence.
Organic Causes
refers to physical or biological factors that lead to medical conditions, as opposed to psychological or environmental factors.
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