Consider the following selected accounts from the records of South Shore Enterpes December 31, 2016 to the conto the selected accounts and balance Requirement 1 Prepare the dominantes for South Shore Elements in December 1, 2016. How much nut command South Shopes and 2017 PaTaccount for Butare Caminhowe December 31 2016 balance of Retained Ethngs Boon typen the courants for South Shore Services Enterprise Record the entry to close out the vienen account Record dies festes de coloration from wyposants Journal Entry Date Accounts Det Credit Hoc 31 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 20167 Net income for 2016 was 5 Prepare a account for Retained Eming to show the December 31, 2016, balance of Retained Earnings Post the beginning balance and doing antes to Red Earrings und dem the one balance Retained Earning Cost of services sold $ 14,000 Service revenue $ 31,600 Accumulated depreciation. 4,300 41,300 Depreciation expense Other revenue Selling, general, and 300 administrative expenses 6,900 Dividends declared 300 Retained earnings Income tax expense 400 December 31, 2015 2,500 Income tax payable 1,000