The income statement of Fezzik's Shoe Repair is as follows:

FEZZIK'S SHOE REPAIR Income Statement For the Month Ended April 30, 2015
Revenue
Service Revenue				$9,500
Expenses:
Salaries and Wages Expense		$4,200
Depreciation Expense		350
Utilities Expense		400
Rent Expense		600
Supplies Expense		1,050
Total Expenses				6,600
Net Income				$2,900

On April 1, the Retained Earnings account had a balance of $12,900. During April, the company paid $3,000 in dividends.

Prepare closing entries at April 30. (Credit account tities are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit To close revenue account.) (To close expense accounts.) To close net income to retained earnings.) (To close dividends to retained earnings.)