Brief Exercise 4-5 Your answer is partially correct. Try again. The ledger of Rios Company contains the following balances: Retained Earnings $30,000; Dividends $2,000, Service Revenue $50,000, Salaries and Wages Expense $27,000, and Supplies Expense $7,000. The closing entries are as follows (1) Close revenue accounts. (2) Close expense accounts (3) Close net income/(loss) (4) Close dividends. in the problem and use the numbers as a reference Enter the balances in the T-accounts, post the closing entries in the order presented Bal. 50000 50000 iT Bal. Versien 4.24 ,4) Ral 1 2009-2018JohnyenexASons.1n& All Rights Reserved. A Division of 20mmtason.anci his