Brief Exercise 4-04 The ledger of Monty Company contains the following balances: Retained Earnings $31,900; Dividends $1,200; Service Revenue $50,000; Salaries and Wages Expense $27,300; and Supplies Expense $6,700. Prepare the closing entries at December 31. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31 (To close revenue account) Dec. 31 (To close expense accounts) Dec. 31 (To close net incomel (loss)) Dec. 31 (To close dividends)