On January 1, 2024, Red Flash Photography had the following balances: Cash, $22,000; Supplies, $9,000; Land, $70,000; Deferred Revenue, $6,000; Common Stock $60,000; and Retained Earnings, $35,000. During 2024, the company had the following transactions: 1. February 15 Issue additional shares of common btock, $30,000. 2. May 20 Provide services to customers for cash, $45,000, and on account, $40,000. 3. August 31 Pay salariea to employees for work in 2024,$33,000. 4. October 1 Purchase rental space for one year, $22,000. 6. December 30 Purchase supplies on account, $32,000. The following information is available on December 31, 2024: 1. Employees are owed an additional $5,000 in salaries. 2. Three months of the rental space have expired. 3. Supplies of $6,000 remain on hand. All other supplies have been used, 4. All of the services associated with the beginning deferred revenue have been performed. Prepare closing entries. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first ccount field.) Journal entry worksheet Record the entry to close the revenue accounts. Note: Enter debits before credits Journal entry worksheet Record the entry to close the expense accounts. Note: Enter debits before credits Journal entry worksheet Record the entry to close the dividends account. Note: Enter debits before credits