The year end adjusted trial balance of the Timmons Tool and Die Corporation included the following account balances retained earnings. $240.000, dividends. $20,000, sales revenue $830,000, cost of goods sold, $530,000 salaries expense, $200,000, rent expense. $44,000 and interest expense, $19,000. Prepare the necessary closing entries. If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list Journal entry worksheet Record the entry to close the revenue accounts using the retained earnings account Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Chiar entry View general journal Record the entry to close the expense accounts using the retained earnings account. Note: Enter debits before credits. Transaction General Journal Debit Credit 1