Laker Incorporated's fiscal year-end is December 31, 2024. The following is an adjusted trial balance as of December 31. Accounts Debit Credit Cash $10,800 Supplies 33,000 Prepaid Rent 24,000 Accounts Payable $1,800 Notes Payable 18,000 Common Stock 34,000 Retained Earnings 7,800 Dividends 2,800 Service Revenue 55,200 Salaries Expense 18,800 Advertising Expense 11,800 Rent Expense 8,800 Utilities Expense 6,800 Totals $116,800 $116,800 Required: 1. Prepare the necessary closing entries. 2. Calculate the ending balance of Retained Earnings 3. Prepare a post-closing trial balance Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 View transaction list Journal entry worksheet 1 2 3 Record the entry to close the revenue accounts.