On December 31, 2016, Ditka Inc. had Retained Earnings of $281,800 before its closing entries were prepared and posted. During 2016, the company had service revenue of $182100 and interest revenue of $88,300. The company used supplies in the amount of $94,900, advertising expenses were $17,800, salaries and wages totaled $20,400, and income tax expense was calculated as $16,500. During the year, the company declared and paid dividends of $7,400 Required Prepare the closing entries dated December 31, 2016. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 2 Record the entry for closing revenue and expense account. Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet 2 Record the entry for closing dividend account. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal