On January 1, 2021, Red Flash Photography had the following balances: Cash, $23,000; Supplies, $9,100; Land, $71,000; Deferred Revenue, $6,100; Common Stock $61,000; and Retained Earnings, $36,000. During 2021, the company had the following transactions:

1.		February		15		Issue additional shares of common stock, $31,000.
2.		May		20		Provide services to customers for cash, $46,000, and on account, $41,000.
3.		August		31		Pay salaries to employees for work in 2021, $34,000.
4.		October		1		Purchase rental space for one year, $23,000.
5.		November		17		Purchase supplies on account, $33,000.
6.		December		30		Pay dividends, $3,100.

The following information is available on December 31, 2021:

1. Employees are owed an additional $5,100 in salaries.
2. Three months of the rental space has expired.
3. Supplies of $6,100 remain on hand.
4. All of the services associated with the beginning deferred revenue have been performed - Record the entry to close the revenue accounts - Record the entry to closed the expense accounts - Record the entry to close the dividends accounts