Laker Incorporated's fiscal year-end is December 31, 2021. The following is an adjusted trial balance as of December 31. Cash Accounts Debit $12,000 Credit Supplies 39,000 Prepaid Rent 30,000 Accounts Payable 3,000 Notes Payable 30,000 Common Stock 40,000 Retained Earnings 9,000 Dividends 4,000 Service Revenue 54,000 Salaries Expense 20,000 Advertising Expense 13,000 Rent Expense 10,000 Utilities Expense 8,000 Totals $136,000 $136,000 Required: 1. Prepare the necessary closing entries. (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 3 Record the entry to close the revenue accounts.