Prepare closing entries from ledger balances. BE4.4 (LO 2), AP The ledger of Rios Company contains the following balances: Retained Earnings $30,000, Dividends $2,000, Service Revenue $50,000, Salaries and Wages Expense $27,000, and Supplies Expense $7,000. Prepare the closing entries at December 31. Post closing entries; underline and balance T- accounts