One Classes to search Express VPN t Part 1 - Financial Statement Preparation Question 2 of 10 View Policies Show Attempt History (a) Current Attempt in Progress LastPass password... WP Assignment introdu... At April 1, 2021, Spiderland Company reported a balance of $20,000 in the Retained Earnings account. Spiderland Company earned revenues of $50,000 and incurred expenses of $32,000 during April 2021. The company paid dividends of $10,000 during the month. 4 < Your answer is correct. Date Apr. 30 Prepare the entries to close Income Summary and the Dividends account at April 30, 2021. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) E Account Titles and Explanation Income Summary Retained Earnings Debit 0.5/1 : 18000 Credit W 18000 3