....anyone help me with those questions? Cat's Meow Condos provides pet grooming and boarding.......

1_ Cat's Meow Condos provides pet grooming and boarding services for domestic cats- The company has been in existence for 12 years- At December 31, 2016, Cat's Meow Condo's adjusted trial balance is as follows: CAT'S MEOW CONDOS Adiusted Trial Balance December 31. 201 6 Debit Credit Cash $343300 Accounts receivable 32,000 Prepaid insurance 5,200 Equipment 360,000 Accumulation depreciation $3450 00 Accounts payable 9,2 00 Common stock 202,300 Retained earnings 09,0 00 Service Fees earned 420,0 00 Miscellaneous income 3,2 00 Salaries expense 223,000 Rent expense 32,300 insurance expense 1?,200 Depreciation expense 16,300 income tax expense 51,200 income tax payable _ 2+ 300 $13 000 E13 0 00 a. Prepare closing entries in journal entry form. Close to Retained Earnings. b. After Cat's Meow Condo's closing entries are posted, what is the balance in the Retained Earnings account? Q U E 5 TI 0 N 2 1. Gilgen's, an upscale restaurant on the beach, has just completed its rst full year of operations on December 3 1, 2016. It provides meals both in its restaurant and catering. Selected balances from its general ledger before year-end adjustments follow. {All balanc are normal.) Cash $64,001] Accounts payable $42,401] Accounts receivable 36,001] Common stock 24,001] Prepaid advertising 4301] Sales revenue 196,001] Supplies 3,601] Wages expense 108,001] Equipment 91,201] Rent expense 12,001] Notes payable 3+,001] Utilities expense 5,501] An analysis of the rm's records reveals the following: 3. The balance in Prepaid Advertising represents the amount paid For newspaper advertising for 1 yea The agreement. which calls For the same amount ofspace each month. covers the period from February 1, 2016, to Ianuary 31, 201?. Medici not advertise during its rst month ofoperation: Equipment purchased Januaryr 1, 20115. has an estimated life of eightyears. Utilities expense does not include the expense for December, estimated at 51,2 01]. The bill will not arrive until Mg, 2016. At year-end, employees have earned $12,401] in wages thatwill not be paid until ]anuar_v. Supplies available at year-end amounted to $1.31] 0. At year-end. unpaid interest of$41]0 has accrued on the notes payable. The rm's lease calls for rent ot'$1.01]0 per month payable on the rst of each month. plus an amoul equal to 1% of annual sales. The rental percentage is payable within 15 days after the end ofthe yes