Required: 1. Prepare the necessary closing entries. 2. Calculate the ending balance of Retained Earning5. 3. Prepare a post-closing trial balance Complete this question by entering your answers in the tabs below. Journal entry worksheet Complete this question by entering your answers in the tabs below. Journal entry worksheet 3 Record the entry to close the expense accounts. Note: Enter debite before credits. Journal entry worksheet Record the entry to close the dividends account. Note: Enter debits before credits. Laker Incorporated's fiscal year-end is December 31,2024 . The following is an adjusted trial balance as of December 31 Required: 1. Prepare the necessary closing entries. 2. Calculate the ending balance of Retained Earnings 3. Prepare a post-closing trial balance Complete this question by entering your answers in the tabs below. Calculate the ending balance of Retained Earnings. Laker incorporated's fiscal yearend is December 31, 2024. The following is an adjusted trial balance as of December 31. Required: 1. Prepare the necessary ciosing entries. 2. Calculate the ending balance of Retained Earnings. 3. Prepare a post-ciosing trial balance Complete this question by entering your answers in the tabs below. Prepare a post-closing trial balance. Prepare a post-closing trial balance