QUESTION 60 1.47 points Save Answer At the end of its first year of operations, after adjustments were properly recorded, White, Inc. had the following adjusted account balances: Accumulated Depreciation-Trucks Prepaid Rent 2,000 6, 000 Insurance Expense 4,000 Interest Expense 4,000 Supplies Expense 8,000 39,000 Accounts Receivable Unearned Revenue Accounts Payable 11,000 1,000 Service Revenue 160,000 Prepaid Insurance 2,000 Trucks 66,000 92,000 Wages Expense Depreciation Expense Wages Payable 6,000 5,000 Dividends 3,000 Common Stock 45,000 2,000 Cash 4,000 Interest Revenue Each of these accounts has the normal debit or credit balance In preparing the closing entries, the fourth closing entry, to close the Dividends account, would include a: debit to Income Summary of $3,000. credit to Income Summary of $3,000. debit to Retained Earnings of $3,000. credit to Retained Earnings of $3,000. None of the above