Accounts Retained Earnings Dividends Service Revenue Interest Revenue Salaries Expense Rent Expense Advertising Expense Insurance Expense Interest Expense Required 1 Required 2 Required: 1. Prepare the necessary closing entries. 2. Calculate the ending balance of Retained Earnings. View transaction list Complete this question by entering your answers in the tabs below. Debit $2,300

Required: 1. Prepare the necessary closing entries. 2. Calculate the ending balance of Retained Earnings. Complete this question by entering your answers in the tabs below. Prepare the necessary closing entries. (Uf no entry is required for a particular transoction/event, select "No Journal Entry Required" in the first account field.)