need B

Your answer is correct. Prepare closing entries. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Income Summary (To dose revenue accounts) Dec. 31 Income Summary Salaries and Wages Expenso Rent Expense Supplies Expense Depreciation Expense (To close expense accounts) Dec. 31 Incoune Summary. Retaioed Earnings: (To close net income to retained earnings) Dec. 31 Rutained Eamirnes Drvidends (To close dividends to retained earnings) Selected year-end account balances from the adjusted trial balance as of December 31,2025 , for Sheffield Corporation is provided below. Determine the post-closing balance in Retained Earnings. (Post entries in the order of journal entries presented in the previous part.)