Required information Use the following information for the Exercises below. (Static) [The following information applies to the questions displayed below] The following adjusted trial balance at December 31 of Wilson Trucking Company. Exercise 3-23 (Static) Preparing closing entries LO P6 Prepare the closing entries for the year ended December 31. The Retained Earnings account balance was $140,000 at December 31 of the prior year. Prepare the closing entries for the year ended December 31. The Retained Earnings account balance was $140,000 at December 31 of the prior year. Journal entry worksheet 2 4 Prepare the entry to close the revenue account(s). Note Emer debits before credits. Journal entry worksheet Prepare the entry to close the expense account(s). Note: Enter debits before credits. Journal entry worksheet Prepare the entry to close income summary. Note: Enter debits before credits. Journal entry worksheet 1 Prepare the entry to close the dividends account. Note: Enter debits before credits