On December 31, 2016, Ditka Inc. had Retained Earnings of $276,800 before its closing entries were prepared and posted. During 2016, the company had service revenue of $177,100 and interest revenue of $85,800 The company used supplies in the amount of $92,400, advertising expenses were $17,300, alaries and wages totaled $19,650, and income tax expense was calculated as $15,500. During the year, the company declared and paid dividends of $6,900 Required: a. Prepare the closing entries dated December 31, 2016. (If no entry is required for a transaction/event, select 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