Russell RV Center's accounting records include the following accounts at December 31, 2018 (Click the icon to view the accounts and balances.) Requirements 1. Journalize the required closing entries for Russell 2. Determine the ending balance in the Retained Earnings account. Requirement 1. Journalize the required closing entries for Russell. (Record debits first, then credits. Select the explanation on the last line of the iournal entry table ) X Start by closing the revenue accounts for the period. Do not close expenses; we will do this in the next step. i Data Table Accounts and Explanation Credit Date Debit Dec. 31 $370,000 Accumulated Depreciation-Building 41,000 Cost of Goods Sold Accounts Payable 48,000 18,000 Cash Rent Expense 22,000 Sales Revenue 690,000 17,000 Building 118,000 Depreciation Expense-Building Common Stock 120,000 Dividends 56,000 Retained Earnings 21,800 Interest Revenue 6,000 Merchandise Inventory 229,800 36,000 Notes Receivable Drint Dene