The Sky Blue Corporation has the following adjusted trial balance at December 31. Credit Debit $ 1,370 3,400 3,700 4,400 19,000 $ 5,400 6,820 Cash Accounts Receivable Prepaid Insurance Notes Receivable (long- term) Equipment Accumulated Depreciation Accounts Payable Salaries and Wages Payable Income Taxes Payable Unearned Revenue Common Stock Retained Earnings Dividends Sales Revenue Rent Revenue Salaries and Wages Expense Depreciation Expense Utilities Expense Insurance Expense Rent Expense Income Tax Expense 1,700 4,300 880 3,800 1,560 440 54,630 440 24,400 2,700 5,620 2,800 7,400 4,300 Total $ 79,530 $79,530 Journal entry worksheet 1 2 Record the closing entry for revenues and expenses. Note: Enter debits before credits. General Journal Debit Credit Date Dec 31 Record entry Clear entry View general Journal Journal entry worksheet 1 2. Record the closing entry for dividends. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31 Record entry Clear entry View general journal