10 points 1 ebook Pre The year-end adjusted trial balance of the Timmons Tool and Die Corporation included the following account balances: retained earnings, $320,000; dividends, $52.000, sales revenue, $990,000; cost of goods sold, $690,000: salades expense, $160,000: rent expense. $49,000; and interest expense. $23,000. Prepare the necessary closing entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list References Journal entry worksheet < Record the entry to close the revenue accounts using the retained earnings account. Note Enter detats before cos Transaction 1 General Journal Debit Credit C