Required information The following information applies to the questions displayed below.) The Sky Blue Corporation has the following adjusted trial balance at December 31, Debit Credit Cash 5 1,230 Accounts Receivable 2,000 Prepaid Insurance 2,300 Notes Receivable (long-term) 3,000 Equipment 12,000 Accumulated Depreciation 52,600 Accounts Payable 5,420 Salaries and Wages Payable 1,000 Income Taxes Payable 2.900 Deferred Revenue Connon Stock Retained Earnings 1.000 Dividends Sales Revenue 42.030 Rent Revenue 300 Salaries and Wages Expense 21,600 Depreciation Expense 1,300 Utilities Expense 4,220 Insurance Expense 1.400 Rent Expense 6.000 Income Tax Expense 2.900 Total $ 58,250 $58,250 Required: Prepare closing Journal entries on December 31. of no entry is required for a transaction/event, select "No Journal Entry Required" In the first account field.) Pro 6 of 21 183 Next Journal entry worksheet Record the closing entry for revenues and expenses. Note: Enter debits before credits. General Journal Debit Credit Date December 31 Record entry Clear entry View general Journal Journal entry worksheet Record the closing entry for dividends. Note: Enter debits before credits. Date December 31 General Journal Debit Credit 25 Record entry Clear entry View general Journal