Ninte 1 1999 Exercise 13-21A Preparing closing entries LO 13-4 10 The following financial Information was taken from the books of Zone Health Club, a small spa and fitness club: Account Balances as of December 31, Year 1 Accounts receivable Accounts payable Salaries payable 4,900 2.920 2,700 Retained Earnings 1/1/Year 1 Salaries expense rowe 31. 79,10 Supplies 320 Common stock 17. Land Solis expense Required a. Prepare the journal entries necessary to close the temporary accounts at December 31, Year 1, for Zone Health Club. b. What is the balance in the Retained Earnings account ster the closing entries are posted Complete this question by entering your answers in the tabs below. Required A Poquired Prepare the journal entries necessary to doce the temporary accounts at December 31, Year 1, for Zone Health Club. (If no entry is required for a transaction/event, select "No foumal entry required" in the first account field.) View manchon lat Journal entry worksheet Record entry to dos service revenue. Note: Enter debts before credits General Journal Debit Credit Event 1