Can you help me solve the post-closing trial balance not sure I am solving it correctly

Roscoe's Journal Roscoe has attempted to journalize the closing entries for Chandler, Inc. on this panel. He's not sure if he's journalized the entries correctly, and asks you to review them. You find that one entry is correct, but the other is incorrect. Determine which entry is incorrect, and journalize both closing entries for Chandler, Inc. as of Dec. 31. Journal Page 25 Date Description Post. Ref. Debit Credit Dec. 31 Retained Earnings 463,600 Fees Earned 165,600 Rent Revenue 92,000 Interest Revenue 17,200 Salaries Expense 71,000 37,600 Selling Expense Income Taxes Expense 15,000 Depreciation Expense 47,200 Insurance Expense Miscellaneous Expense 17,000 1,000 Dec. 31 5,000 Retained Earnings Dividends 5,000 Journal Roscoe has attempted to journalize the closing entries for Chandler, Inc. on the Roscoe's Journal panel. He's not sure if he's journalized the entries correctly, and asks you to review them. You find that one entry is correct, but the other is incorrect. Determine which entry is incorrect, and journalize both closing entries for Chandler, Inc. as of Dec. 31. If an amount box does not require an entry, leave it blank. Dec. 31 Fees Earned 165,600 Rent Revenue 92,000 Interest Revenue 17,200 Salaries Expense 71,000 37,600 Selling Expense Income Taxes Expense (J1111111 15,000 Depreciation Expense 47,200 17,000 Insurance Expense Miscellaneous Expense Retained Earnings 1,000 5,000 Dec. 31 Retained Earnings Dividends 5,000 Post-closing Trial Balance Mastery Problem: The Accounting Cyclu. Chandler, Inc. Chander, Inc. is owned by cecce Chandler and provides app al services to Individuals and comperies wishing to purchase and selline art. Chandler, Inc. began business on January 1, 2017, and is just completing its first year of business Roscoe asks for your heb in cotoleting the counting cycle for the comarby ogilting with the pro Adjusted Trial Balance Sefur ta kongres are curi, bwir with an adjusted trulbulents. The dang tres rely think from the custed trial talents: the post-ching the ele Chandler, Inc. Adjusted Trial Balance December 31, 2017 Account Title Debit Balances Credit Balance Cash Accounts Receivable 29,000 Preparare 15,000 omce Eeulprent 60,000 Accumulate. Deruf Equipment 40,000 Reunts Payable 5,000 Salaries Papalu B.300 Income Taxes Payable 4.000 Commun S. 2.000 Retained Earnings 11,000 Diithale 5,000 Fees En 165,600 punila 92.000 Interest Revenue 17,200 Sales Expan 71,000 Seling Expense 37,603 Income Tarra Expo :5,000 Insurance Cente 17,000 Depra atias Exani 47,200 Merenneous Eupe 1,000 345,800 345.CO The Closing Proces The Hinal step of the accounting cycle is the closing process. The main goal of this stape of the cyce is to croure that the balance of each temporary accounts returned to send that net income stransferred to the retained comings sccount the first step in successfuly undertaking the closing process to unde stend the different between bumporary assunt and permet account. Roch hex om sin start the price Answer the following questions (4! 13). If an amount is zero, enter"O". 1. Dsterporary socount has an ending balance of $67.000, what is its beginning balance for the folowing counting period? 2. Dement amunt her an Hading C F 567,000, what is going on for the following armunting period? 67,000 3. Rance will preparing his yearly financial manar camo. Chandler, Inc. in pr. dis sumulat cafus about the therapists of the account. th.tel by Casting the following art, and ask for your load in camping it. Sulator "Nu" from the below dropdowns. Temporary Permanent Closed to ROCR will be preparing his yearly financial statement templating Chandler, Inc. Keing proces, and is that caused the writex of the arrunts. He has started by reuting the following chers, and ask for your help in completing it. ( St Year or from the below drops) Temporary Permanent Closed to Acrunt Account Retnine Earnings Revenues Yes NO- Yes Na Yes No Expenses No Yes Liability accounts No Yes No Didends account No - Yes - RORDOR' Journal Roscoe has attempted to journalize the closing entries for Chandler, Inc. on this pand. He's not sure if he's jumalized the entries correctly, and asks you to review them. You find that one entry la correct, but the other is incorrect. Determine which ency is correct, and louise com crocng Aides for Chandler, Inc. as oDec 34. Journal Page 25 Crudit Post. Ref. Dubit 461,00 Dut Description Der 11 Retained eringe Fes Barred Rent Resenue Inter www. Saaries Expense Swing Exp Encome Taxes Expense Depression par rence Exped Mispensa 265,600 $2,000 17,200 71.000 32,603 15,000 47,2013 17.000 1,01010 Der 31 Betained ning 5.000 Dividends 5,000 Journal Roscoe has attempted to journalize the closing entries for Chandicr. Inc. on thc Roscoe's Journal pancl. He's not sure if he's joumalized the entries correctly, and asks you to review them. You find that oncetry is correct, but the other is incorrect. Determine which erby s moorect, and maize con cong entries for Chandier, Inc. as of Dec 32. it an amount box does not require an entry leavet blank Dec 31 Fees Earned 165.00 Rent Revenue 49,00 Interest Revenue 17,31 Salatles Expense- 71,001 Selling Expense 37,600 In . 16001 Depreciation Expense- 47,200 Insurance Expense 17,00 Miscellaneous Expanse 10 Houtained Earnings 11.001