Exercise 3-19 (Algo) Record closing entries and prepare a post-closing trial balance (LO3-6, 3-7) The December 31, 2024, adjusted trial balance for Ostrich Corporation is presented below. Accounts Cash Accounts Receivable Prepaid Rent Supplies Land Accounts Payable Salaries Payable Interest Payable Notes Payable (due in two years) Common Stock Retained Earnings Service Revenue Salaries Expense Rent Expense Utilities Expense Interest Expense Totals Required: Debit $22,000 Credit 190,000 4,000 38.000 305,000 $20,000 19,000 4,000 48,000 340,000 76,000 540,000 408,000 28,000 48,000 4,000 $1,047,000 $1,047,000 1. Record the necessary closing entries at December 31, 2024. 2. Prepare a post-closing trial balance. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Record the necessary closing entries at December 31, 2024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 Record the entry to close the revenue accounts. Note: Enter debits before credits. Date December 31, 2024 General Journal Debit Credit Record entry Clear entry View general journal