The company's adjusted trial balance as follows includes the following accounts balances: Cash, $15,000; Equipment, $85,000; Accumulated Depreciation, $25,000; Accounts Payable, $10,000; Retained earnings, $59,000; Dividends, \$2,000; Fees Earned, $56,000; Depreciation Expense, $25.000 : and Salaries Expense. $23.000. All accounts have normal balances. Note: Enter debits before credits. Required information Closing entries involve four steps: (1) close credit balances in revenue (and gain) accounts to income Summary, (2) close debit balances in expense (and loss) accounts to Income Summary, (3) close Income Summary to the Retained Earnings account, and (4) close Dividends account to Retained Earnings. A post-closing trial balance is a list of permanent accounts and their balances after all closing entries have been journalized and posted, Its purpose is to verify that (1) total debits equal total credits for permanent accounts and (2) all temporary accounts have zero balances. The company's adjusted trial balance includes the following accounts balances: Cash, $15,000; Equipment, $85,000; Accumulated Depreciation, $25,000; Accounts Payable, $10,000; Retained earnings, $59,000; Dividends, $2,000; Fees Revenue, $56,000 : Depreciation Expense, $25,000; and Salaries Expense, $23,000. All accounts have normal balances. Prepare the first closing entry by selecting the account names from the pull-down menus and entering dollar amounts in the debit and credit columns. Journal entry worksheet Journal entry worksheet Journal entry worksheet Journal entry worksheet