The year-end adjusted trial balance of the Tool and Die Corporation included the following account balances: retained earnings, $300,000; dividends, $44,000; sales revenue, $950,000; cost of goods sold, $650,000; salaries expense, $190,000; rent expense, $45,000; and interest expense, $31,000.

Journal entry worksheet Record the entry to close the expense accounts using the retained earnings account. Note: Enter debits before credits. Journal entry worksheet Record the entry to close the dividends account. Note: Enter debits before credits. Journal entry worksheet Record the entry to close the revenue accounts using the retained earnings account. Note: Enter debits before credits