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Please help with this ASAP Exercise 13-21A (Algo) Preparing closing entries LO 13-4 The following financial information was taken from the books of Zone Health
Please help with this ASAP
Exercise 13-21A (Algo) Preparing closing entries LO 13-4 The following financial information was taken from the books of Zone Health Club, a small spa and fitness club: Required a. Prepare the journal entries necessary to close the temporary accounts at December 31, Year 2, for Zone Health Club. b. What is the balance in the Retained Earnings account after the closing entries are posted? Complete this question by entering your answers in the tabs below. Prepare the journal entries necessary to close the temporary accounts at December 31, Year 2, for Zone Heaith Club. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account fleld. Journal entry worksheet Journal entry worksheet Record entry to close expenses. Note: Enter debits before credits: Journal entry worksheet Record entry to close Dividends. Note i Enter deblits before credits. Complete this question by entering your answers in the tabs below. What is the balance in the Retained Earnings account after the closing entries are posted Step by Step Solution
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