Prepare a classified balance sheet. Journal entry worksheet Record the entry to close the dividends account. Note: Enter debits before credits. Journal entry worksheet Record the entry to close the expense accounts. Note: Enter debits before credits. Prepare an income statement. Journal entry worksheet Record the entry to close the revenue accounts. Note: Enter debits before credits. Required Information [The following information applies to the questions displayed below] On January 1, 2024, Red Flash Photography had the following balances: Cash, $30,000; Supplles, $9,800; Land, $78,000; Deferred Revenue, \$6,800; Common Stock \$68,000; and Retained Earnings, $43,000, During 2024, the company had the following transactions: 1. February 15 Issue additional shares of ecomon atock, $38,000. 2. May 20 Drovide norvices to customera for eash, $3,000, and on account, $48,000. 3. Nuguat 31 ray salaries to employees for work in 2024, 541,000 . 4. October I purchase rental space for one year, $30,000. 5. Novesber 17 Purchase supplies on account, $40,000. 6. Decenber 30 Pay dividends, $3,800. The following information is avallable on December 31, 2024: 1. Employees are owed an additional $5,800 in salaries. 2. Three months of the rental space have expired. 3. Supplies of $6,800 remain on hand. All other supplies have been used. 4. All of the services associated with the beginning deferred revenue have been performed. Prepare a statement of stockholders' equity. 3. Prepare an adjusted trial balance