he following selected accounts and amounts are from the adjusted trial balance for Seattle Inc. Prepare the closing entries for revenues, expenses, and dividends. Use the Income Summary account to close income statement amounts. Account Bal. Sales $68,750 Service revenue 1,250 Operating expenses 15,000 Income tax expense 3,125 Costs of goods sold 33,125 Interest expense 2,500 Dividends 6,875 Account Name Dr. Cr. To close revenues to income summary To close expenses to income summary To close income summary to retained earnings To close dividends to retained earnings