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a. Prepare the journal entries necessary to close the temporary accounts at December 31, Year 2, for Zone Health b. What is the balance in

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a. Prepare the journal entries necessary to close the temporary accounts at December 31, Year 2, for Zone Health b. What is the balance in the Retained Earnings account after the closing entries are posted? Note: Enter debits before credits. \begin{tabular}{|c|l|r|r|} \hline Event & \multicolumn{1}{|c|}{ General Journal } & Debit & \multicolumn{1}{c|}{ Credit } \\ \hline 2 & Retained earnings & & \\ \hline & Supplies expense & & 2,450 \\ \hline & Operating expense & & 2,700 \\ \hline & Salaries payable & & 33,800 \\ \hline & Rent expense & & 7,400 \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} Record entry Clear entry View general journal Record entry Clear entry View general journal What is the balance in the Retained Earnings account after the closing entries are posted

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