Question Help The following balances appear on the books of Sarah Simmons Enterprises: Retained Earnings 29.600, Dividends, $10.500 Income Summary : Service Revenue, $24.500. Salaries Expense 56.200Rent Expense $3.500, and Advertising Expense, 52,000. All accounts have normal balance Read the relements Requirement 1. The accounts have been set up for you. Insert each accounts adjusted balance as given (denote as A. Bol) December 31. Retained Earnings Service Revenue Dividende Salaries Expanse Income Summary Rent Expense Advertising Expense Choose from any list or enter any number in the input fields and then click Check Answer 18 of 20 (15 complete) ms Enterprises: Retained Earnings, $29,600; Dividends, $10,500; Income Summary, $0; Service Revenue, $24,500; Salaries ces. sert each account's adjusted balance as given (denote as Adj. Bal.) at December 31. S 0 Requirements X S 1. The T-accounts have been set up for you. Insert each account's adjusted balance as given (denote as Adj. Bal.) at December 31. 2. Post the closing entries to the accounts, denoting posted amounts as Clos. 3. Compute the ending balance of Retained Earings. Print Done Advertising Expense es and then click Check Answer. Clear All