Record the entry to close the revenue accounts. Note: Enter debits before credits. Record the entry to close the expense accounts. Note: Enter debits before credits. Record the entry to close the dividends account. Note: Enter debits before credits. Malibu Corporation's fiscal year-end is December 31,2024 . The foliowing is a partial adjusted trial balance as of Decembe 31. Required: 1. Prepare the necessary closing entries 2. Calculate the ending balance of Retained Earnings