A company's fiscal year-end is December 31, Year 1. The following is a partial adjusted trial balance as of December 31. Debit Credit $14,000 $ 1,400 34,000 4,400 Accounts Retained Earnings Dividends Service Revenue Interest Revenue Salaries Expense Rent Expense Advertising Expense Depreciation Expense Interest Expense 13,400 4,400 1,400 9,400 3,400 Required: 1. Prepare the necessary closing entries. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 1 2 3 Record the entry to close the revenue accounts. Note: Enter debits before credits. Date General Journal Debit Credit December 31, Year 1 Record the entry to close the expense accounts. Note: Enter debits before credits. Date General Journal Debit Credit December 31, Year 1