describe a corporation has the following to just a trial balance at December 31

The Sky Blue Corporation has the following adjusted trial balance at December 31. Credit Debit $ 1,420 3,900 4,200 4,900 21,500 ces $ 6,400 7,320 1,950 Cash Accounts Receivable Prepaid Insurance Notes Receivable (long- term) Equipment Accumulated Depreciation Accounts Payable Salaries and Wages Payable Income Taxes Payable Unearned Revenue Common Stock Retained Earnings Dividends Sales Revenue Rent Revenue Salaries and Wages Expense Depreciation Expense Utilities Expense Insurance Expense Rent Expense 4,800 980 4,300 1.760 490 59,130 490 25,400 3.200 6,120 3,300 7.900 Prepare closing journal entries on December 31. (if no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet View transaction list Journal entry worksheet 1 2 s > Record the closing entry for dividends. Note: Enter debits before credits. Date Dec 31 General Journal Debit Credit