7 Wilson Engraving just completed operations for the year ending December 31, 2018 Accounts from the adjusted trial balance dated December 31, 2018 we listed in alphabetical coder (25 Account Title Accounts Payable Balance Credit Debit AED 15,000 AED 16.000 Accounts Receivable Accumulated Depreciation- Equipment 32,000 Cash 25.000 Common Stock 36.000 Depreciation Expense Equipment 10,000 Dividends 5.000 Equipment 65,000 Insurance Expense 4,000 Interest Expense 3,000 Notes Payable (due March 31, 2020) 10.000 Office Supplies 4,000 Office Supplies Expense 1,000 Prepaid Insurance 10,000 Retained Famings December 31 6.000 2017 Salaries Expense 15,000 5,000 Salaries Payable 50,000 Service Revenue Unearned Revenue (short-term) 8,000 4.000 AED 162.000 AED 162,000 Utilities Expense Totals Requirement: a. Prepare the closing entries. Omit explanations. (10 Points). b. Prepare, in good form, statement of retained earnings. (10 Points) c. Compute the current ratio. (5 Points) ALT+EN+F10 (Mac). > T F N