Do It! Review 4-02 Ivanhoe Company shows the following balances in selected accounts of its adjusted trial balance. Supplies Supplies Expense Accounts Receivable Dividends Retained Earnings $30,500 5,300 11,200 22,800 73,000 Service Revenue Salaries and Wages Expense Utilities Expense Rent Expense $116,000 36,300 8,100 18,200 Journalize 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 to income summary) Dec. 31 (To close expenses to income summary) Dec. 31 (To close net income to retained earnings) Dec. 31 (To close dividends to retained earnings)