Castillo Services paid K Castillo, the sole shareholder of Castillo Services, 56,400 in dividends during the current year. The entry to close the dividends account at the end of the years Multiple Choice Debt Dividends 36400credit Cash, 86.400 Debit income Summary $6,400: crede etained Earnings $6.400 Debit Dividends $6.400; credit Retained Earnings $6,400 Debt Retained Emings 6.400 credit Sales Expense $6.400 Debt Retained Earnings 56,400 credit Dividends 56.400