The ledger of Ayayai Company contains the following balances: Retained Earnings $28,000, Dividends $1,000, Service Revenue $48,000, Salaries and Wages Expense $25,000, and Supplies Expense $6,000, The closing entries are as follows: (1) Close revenue accounts. (2) Close expense accounts. (3) Close net income/(loss). (4) Close dividends. Enter the balances in T-accounts, and post the closing entries. Question 5 of 18