Item 3

Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $665 were declared at the end of the year, and 500 additional shares of common stock ($0.10 par value per share) were issued at the end of the year for $3,260 in cash (for a total at the end of the year of 930 shares). These effects are included below:

Catenas Marketing Company
Adjusted Trial Balance
End of the Current Year
	Debit	Credit
Cash	$1,565
Accounts receivable	2,330
Interest receivable	126
Prepaid insurance	1,730
Long-term notes receivable	3,450
Equipment	16,590
Accumulated depreciation		$3,260
Accounts payable		2,660
Dividends payable		665
Accrued expenses payable		4,050
Income taxes payable		1,836
Unearned rent revenue		565
Common Stock (930 shares)		93
Additional paid-in capital		3,750
Retained earnings		1,660
Sales revenue		41,490
Rent revenue		865
Interest revenue		126
Wages expense	20,800
Depreciation expense	2,060
Utilities expense	432
Insurance expense	867
Rent expense	9,260
Income tax expense	1,810
Total	$61,020	$61,020

Prepare the closing entry at the end of the current year. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field.

This is what I currently have filled so far but it still shows as incomplete.

Journal entry worksheet Record the closing entry at the end of the current year. Note: Enter debits before credits