Seminoles Corporation's fiscal year-end is December 31, 2021. The following is a partial adjusted trial balance as of December 31. Debit Credit $12,000 $ 1,200 32,000 4,200 Accounts Retained Earnings Dividends Service Revenue Interest Revenue Salaries Expense Rent Expense Advertising Expense Depreciation Expense Interest Expense 13, 200 4,200 1,200 9,200 3,200 Required: 1. Prepare the necessary closing entries. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 > Record the entry to close the revenue accounts. Note: Enter debits before credits. Debit Credit Date December 31, 2021 General Journal Service Revenue 32,000 Interest Revenue Retained Earnings 4,200 36,200 Record entry Clear entry View general journal View transaction list Journal entry worksheet Record the entry to close the expense accounts. Note: Enter debits before credits. Debit Credit Date December 31, 2021 12,000 General Journal Retained Earnings Salaries expense Rent Expense Advertising Expense Depreciation Expense Interest Expense 13,200 4,200 1,200 9,200 3,200 View transaction list Journal entry worksheet