RYAN FINANCIAL PLANNERS Adjusted Trial Balance December 31, 2020 Cash Accounts Receivable Supplies.. Equipment Accumulated Depreciation Equipment Accounts Payable Unearned Service Revenue.. Common Stock Retained Earnings Dividends Service Revenue Supplies Expense Depreciation Expense Rent Expense Debit Credit $ 2.900 2,200 600 16,000 $ 4,000 3,800 4,400 4,700 5,000 2,000 10,000 1,800 2,500 3.900 $31.900 $31.900 Instructions a Using the information given above, prepare the necessary closing entries at December 31, 2020. b. What is the balance in Retained Earnings after the closing after the closing entries are made? Show your calculations. No credit will be awarded without supporting calculation