Brief Exercise 4-4 Z Your answer is partially correct. Try again. The ledger of Rios Company contains the following balances: Retained Earnings $31,379; Dividends $2,180; Service Revenue $50,406; Salaries and Wages Expense $25,982; and Supplies Expense $7,498. Prepare the closing entries at December 31. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Date Dec. 31 Tservice Revenue 50,406 Income Summary 50,406 (To close revenue account.) 31 Tincome Summary 31,300 Salaries and Wages Exp 25,982 Supplies Expense 7,498 (To close expense accounts.) 31 TIncome Summary 31,300 Retained Earnings 31,379 (To close net income/ (loss).) 31 TRetained Earnings 2,180 Dividends 2,180 (To close dividends.)