I need help preparing the closing journal entries on Dec 31. I am not sure what I am doing wrong.

The Sky Blue Corporation has the following adjusted trial balance at December 31. Credit Debit $ 1,230 2,000 2,300 3,000 12,000 Cash Accounts Receivable Prepaid Insurance Notes Receivable (long-term) Equipment Accumulated Depreciation Accounts Payable Salaries and Wages Payable Income Taxes Payable Deferred 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 Total $ 2,600 5,420 1,000 2,900 600 2,400 1,000 300 42,030 300 21,600 1,300 4,220 1,400 6,000 2,900 $58,250 $58, 250 Prepare closing journal entries on December 31. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) * Answer is complete but not entirely correct. No Date General Journal Debit Credit Dec 31 Sales Revenue 42,030 300 Rent Revenue Salaries and Wages Expense Depreciation Expense Utilities Expense Insurance Expense Rent Expense Income Tax Expense Retained Earnings 21,600 1,300 4,220 1,400 6,000 2,900 1,000 Dec 31 Retained Earnings 300 Dividends 300