Problem 4-238 [LO 4-5] On December 31, 2018, Ditka Inc. had Retained Earnings of $287,800 before its closing entries were prepared and posted. During 2018, the company had service revenue of $188,100 and interest revenue of $91,300. The company used supplies in the amount of $97,900, advertising expenses were $18,400, salaries and wages totaled $21,300, and income tax expense was calculated as $17700 During the year, the company declared and paid dividends of $8,000 Required: a. Prepare the closing entries dated December 31, 2018 b. Prepare T-account for the Retained Earnings account. Enter the beginning balance into the T-account, post the closing entries, and then determine the ending balance. Complete this question by entering your answers in the tabs below Required A Required B Prepare the closing entries dated December 31, 2018. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list