View Policies Current Attempt in Progress The ledger of Pronghorn Company contains the following balances: Retained Earnings $ 30,500. Dividends $3,000, Service Revenue $ 52000, Salaries and Wages Expense $ 28,000, and Supplies Expense $ 6,500. 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, post the closing entries, and underline and balance the accounts. Salaries and Wages Expense 28.000 28.000 Supplies Expense Bal 6,500 (2) 6,500 Service Revenue (1) 52.000 BOL 52000 6,500 Bal. V (2) 6,500 Service Revenue (1) 52,000 Bal 52,000 Dividends 3,000 3,000 Bal v Income Summary V (1) (2) 52.000 (3) (3) Bal