1. Record the entry to close the revenue accounts.

2. Record the entry to close the expense accounts.

3. Record the entry to close the dividends account.

On January 1, 2024, the general ledger of Grand Finale Fireworks includes the following account balances: During January 2024, the following transactions occur: Janaary 2 Isnue an additional 2,000 ahares of $1 par value connon stoek for $40,000. January ? Provide aervicen to cuntoners on account, 515,600. Jahuary 10 Purchase additional aupplien on account, $5,400. Janoary 12 Parchase 2,200 ahares of treasury atock for $17 per ahare. January 15 Pay eash on accounte payable, 517,000. January 21 provide hervicen to cuptonern for cash, 549,600 . January 22 Mrocelve ceah on accounta recelvable, 817,100. ianuary 29 Deolare a caah dividend of 50.30 per share to all abares outatanding on January 29. The dividend is payable on February 15. (liinte Grand Finale Fireworks had 15,000 tharee oututanding on January 1, 2024, and dividende are not paid on treasury stock.) January 30 fesel1 100 ahareu of treanury stock for 419 per thare. January 31 Fay caeh for walarien during January, \$42,500, The following information is avallable on January 31,2024. a. Unpaid utilities for the month of January are $6,700. b. Supplies at the end of January total $5,600. c. Depreciation on the equipment for the month of January is calculated using the straight-fine method. At the time the equipment was purchased, the company estimated a service Afe of three years and a residual value of $10,500. d. Accrued income taxos at the end of January are $2,500