2. record the entry for closing dividend account

On December 31, 2016 Dka Inc had Retained Earnings of $273,000 before its closing entries were $34 300 The company used supplies in the amount of 590,500 advertising expenses were $17.000 salaries and wages totalad St9 206 and income lix expense was calculated as $14 900 During the year he cormpanys dedared and paid dvidends of 56 600 Required i lo ed for taaconevent, safecet No Journa Required in the Srst accoond Sok.) Journal entry worksheet Record the entry for closing ravenue and expense account