Required: 1. Prepare the necessary closing entries. 2. Calculate the ending balance of Retained Earnings. Complete this question by entering your answers in the tabs below. Prepare the necessary dosing entres. (If no entry is required for a particular transoction/event, select 'No Journal Entry Required' in the first accounk fieid.) Journal entry worksheet Record the entry to close the dividends account. Notn: inter debils before credits: Required: 1. Prepare the necessary closing entries. 2. Calculate the ending balance of Retained Earnings. Complete this question by entering your answers in the tabs below. Prepare the necessary dosing entres. (If no entry is required for a particular transoction/event, select 'No Journal Entry Required' in the first accounk fieid.) Journal entry worksheet Record the entry to close the dividends account. Notn: inter debils before credits