Could use some help with preparing a journal to close accounts for the following data. Not sure if what is labeled already is correct, so please feel free to make changes!

If question #3 could be answered that would be great as well!

The Gorman Group End-of-Period Spreadsheet For the Year Ended October 31, 2049 Adjusted Trial Balance Account Title Dr. Cr. Cash $14,730 Accounts Receivable 32,060 Supplies 5,010 Prepaid Insurance 10,820 Land 114,000 Buildings 410,000 Accumulated Depreciation-Buildings 133,500 Equipment 296,000 Accumulated Depreciation-Equipment 173,800 Accounts Payable 37,930 Salaries Payable 3,760 Unearned Rent 1,700 Common Stock 170,000 Retained Earnings 316,900 Dividends 28,500 Service Fees 540,830 Rent Revenue 5,710 Salaries Expense 387,720 Depreciation Expense-Equipment 21,000 Rent Expense 17,600 Supplies Expense 12,470 Utilities Expense 11,270 Depreciation Expense-Buildings 7,520 Repairs Expense 6,210 Insurance Expense 3,410 Miscellaneous Expense 5,810 1,384,130 1,384,130 2. Journalize the entries that were required to close the accounts at October 31. If an amount box does not require an entry, leave it blank. Date Account Debit Credit 2079 Oct. 31 Service fees Rent revenue Accounts receivable 20Y9 Oct. 31 B. If the balance of Retained earnings had instead increased $39,800 after the closing entries were posted, and the dividends remained the same, what would have been the amount of Net income or Net loss? Enter all amounts as positive numbers