A company has the following adjusted trial balance: Account Debit Credit Cash $1,100 Accounts Receivable 900 Inventory 1,800 Supplies 2,000 Prepaid Rent 400 Land 6,500 Building 39,800 Accumulated DepreciationBuilding $8,000 Accounts Payable 7,600 Unearned Revenue 4,300 Notes Payable, due 2020 2,300 Common Stock 6,400 Retained Earnings 2,700 Dividends 800 Service Revenue 33,800 Rent Expense 1,300 Supplies Expense 1,100 Salaries Expense 6,200 Depreciation ExpenseBuilding 1,300 Utilities Expense 1,900 Totals $65,100 $65,100

Which of the following closing entries is needed?

A- Debit Rent Expense for $1,300 and credit Retained Earnings for $1,300

B- Credit Retained Earnings for $1,900 and debit Cash for $1,900

C- Debit Dividends for $800 and credit Retained Earnings for $800

I cant figure It out please show how you find the answer. Thank you!

D- Debit Service Revenue for $33,800 and credit Retained Earnings for $33,800