Question 1 Prepare the necessary closing entries based on the following selected accounts. (Credit account titles are automatically Indented when the amount is entered. Do not indent manually.) Accumulated Depreciation Depreciation Expense Retained Earnings Dividends Salaries and Wages Expense Service Revenue 10,000 4,000 20,000 12,000 18,000 31,000 Account Titles and Explanation Debit Credit (To close revenue account) (To close expense accont) To close net income/loss) To close dividends) Question Attempts: 0 of 2 used Copyrgnt2000-2018 by John Wle% Sons, Inc. or related companies. All rights reserved