D Question 30 2.5 pts The Retained earnings account has a credit balance of $54,000 before closing entries are made. Services revenue for the period is $72,200, wages expense is $48,300, and dividends are $15,800. What is the correct closing entry for the expense accounts? O Debit Dividends account $48,300; credit Wages Expense $48,300. O Debit Wages Expense $54,000; credit Retained Earnings $54,000. O Debit Wages Expense $48,300; credit Income Summary $48,300. O Debit Income Summary $48,300; credit Retained Earnings $48,300. O Debit Income Summary $48,300; credit Wages Expense $48,300