Question 14 of 15 0.97/2 II! View Policies Show Attempt History Current Attempt in Progress Selected year-end account balances from the adjusted trial balance as of December 31, 2022, for Marigold Corp. is provided below. Credit Debit $87,120 31,560 15,840 255,360 109,320 Accounts Receivable Dividends Depreciation Expense Equipment Salaries and Wages Expense Accounts Payable Accumulated Depreciation-Equipment Unearned Rent Revenue Service Revenue Rent Revenue Rent Expense Retained Earnings Supplies Expense $63,600 137.760 27.480 220,560 7.440 4,320 74,160 1,680 (a) Homework 0.97 / 2 ili Question 14 of 15 Debit Credit Date Account Titles and Explanation 220560 Dec. 31 Service Revenue 7440 Rent Revenue 228000 Income Summary (To close revenue account) 131160 Dec. 31 Income Summary 15840 Depreciation Expense 109320 Salaries and Wages Expense 4,320 Rent Experise 1.680 Supplies Expense (To close expense accounts) Income Summary 96840 Dec. 31 74160 Retained Earnings (To close net income to retained earnings) 31560 Dec. 31 Retained Earnings 31560 Dividends (To close dividends to retained earnings) erextDOUK a Teuta List of Accounts Attempts: 3 of 3 used (b) Determine the post-closing balance in Retained Earnings. (Post entries in the order of journal entries presented in the previous part.) Retained Earnings eTextbook and Media List of Accounts Submit Answer Attempts:0 of 3 used Save for Later