The ledger of Swann Company contains the following balances: Retained Earnings $31,120; Dividends $2,800; Service Revenue $57,120; Salaries Expense $27,750; and Supplies Expense $4,580. Prepare the closing entries at December 31.(For multiple debit/credit entries, list amounts from largest to smallest e.g. 10, 5, 3, 2.)

Date	Description/Account	Debit	Credit
Dec. 31	Income Summary Supplies Expense Dividends Salaries Expense Retained earnings Service Revenue
	Income Summary Service Revenue Supplies Expense Salaries Expense Retained earnings Dividends
	(To close revenue account.)
31	Dividends Service Revenue Salaries Expense Income Summary Supplies Expense Retained earnings
	Salaries Expense Income Summary Retained earnings Supplies Expense Dividends Service Revenue
	Dividends Supplies Expense Service Revenue Income Summary Salaries Expense Retained earnings
	(To close expense accounts.)
31	Service Revenue Dividends Income Summary Salaries Expense Supplies Expense Retained earnings
	Supplies Expense Income Summary Dividends Salaries Expense Service Revenue Retained earnings
	(To close net income to retained earnings.)
31	Dividends Salaries Expense Supplies Expense Retained earnings Service Revenue Income Summary
	Retained earnings Service Revenue Supplies Expense Salaries Expense Dividends Income Summary
	(To close dividends to capital.)