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On December 31, 2018, Ditka Inc. had Retained Earnings of $276,800 before its closing entries were prepared and posted. During 2018, the company had service

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On December 31, 2018, Ditka Inc. had Retained Earnings of $276,800 before its closing entries were prepared and posted. During 2018, 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. salaries 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: o. Prepare the closing entries dated December 31, 2018 b. Prepare T-account for the Retained Earnings account Enter the beginning balance into the T-account, post the closing entries, and then determine the ending balance Complete this question by entering your answers in the tabs below. Required A Required B Prepare the closing entries dated December 31, 2018. (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 > A B Record the entry for closing revenue and expense account Noordebit before Debit Credit Transaction General Journal View all Hecord only Clear entry Complete this question by entering your answers in the tabs below. Required A Required B Prepare the closing entries dated December 31, 2018. (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 A B Record the entry for closing dividend account. Notes Enter debits before credit Debit General Journal Transaction Credit 2 Record entry Clear entry View general Journal

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