Consider the following sected accountants Shoes December 14, 2016 the love the way Requirement 1 Prepare out how to December 21, 2016. How the comedor Erpresa ng Paracord Retweet 2016 Raneda Begin by preparing the entries for South Shore Services Enterprises Recorder to encounter som Journal Acco TUR Om Date Det Cret (110 Journal Entry Date Accounts Debit Credit (2) Dec 31 Now close out the dividend account Journal Entry Date Accounts Debit Credit (3) Dec 31 How much net income did South Shore Enterprises eam during 2017 Net Income for 2016 was Prepare T-account for Retained Earning to show the December 31, 2016 balance of Retained wins Post the beginning balance and dising to Retained Earnings and determine the ending balance Red Earnings Cost of services sold $ 14,000 Service revenue $ 31,600 41,300 Depreciation expense 4,300 Accumulated depreciation ... Selling, general, and Other revenue 300 300 administrative expenses 6,900 Dividends declared 400 Retained earnings Income tax expense 1,000 December 31, 2015 2,500 Income tax payable