The accounts of Spa View Services, Inc., at January 31, 2021, are listed in alphabetical order. (Click the icon to view the accounts.) Read the requirements. Requirement 1. All adjustments have been joumalized and posted, but the closing entries have not yet been made. Joumalize Spa View's closing entries at January 31 . 2021. (Record debits first, then credits. Exclude explanations from any joumal entrips.) Record the closing entries for Spa View at January 31, 2021. Begin by closing the revenue account. Next, close the expense accounts. Data table Requirements 1. All adjustments have been joumalized and posted, but the closing entries have not yet been made. Journalize Spa View's closing entries at January 31, 2021. 2. A T-account for Retained Earnings has been set up for you. Post to that account. Then calculate Spa View's net income for the year ended January 31, 2021. What is the ending balance of Retained Earnings? 3. Did Retained Earnings increase or decrease during the year? What caused the increase or the decrease? Next, close the expense accounts. The accounts of Spa Viow Services, Inc., at January 31, 2021, aro listed in alphabetical order. (Click the icon to viow the accounts.) Read the Requirement 1. All adjustments have been joumalized and posted, but the closing entries have not yot been made: Jocimalize Spa View's closing entries at January 31, 2021. (Record debits first, then credits. Exclude axplanations from any journal entries.) Record the closing entries for Spa View at January 31, 2021, Begin by closing the revenue account Next, close the expense acoounts. The accounts of Spa View Services, Inc., at January 31, 2021, are listed in alphabetical order. 137 (Click the icon to view the accounts.) Read the requirements. Next, close the expense accounts. Now close the dividends account. The accounts of Spa View Services, Inc., at January 31, 2021, are listed in alphabetcal order. IIt (Click the icon to view the acootents.) Read the teguitements Now close the dividends account Requirement 2. A T-account for Retained Earnings has been set up for you. Post to that account. Then calculate Spa Viewh net income for the yoar anded January 31. 2021. What is the ending balance of Retained Earnings? Post the beginning balance and closing entries to Resained Eamings in Use. T-account by selecting the respective posting references and then entering the corect amounts. Determine the ending balance. The accounts of Spa View Services, Inc., at January 31, 2021, are listed in alphabetical order. ItH (Click the loon to view the accounts.) Read the requirements. Requirement 2. A T-account for Retained Earnings has been set up for you. Post to that account. Then calculate Spa View's net income for the year ended Januacy 31, 2021, What is the ending balance of Retained Earnings? Post the beginning balance and closing entries to Retained Eamings in the Tacoount by selecting the respective posting references and then entering the correct amounts. Determine the ending balance. The accounts of Spa View Services, Inc., at January 31, 2021, are listed in alphabetical order. (Click the icon to view the accounts.) Read the requirements. 2UL1. Wrnat is the enaing paiance or Ketainea tamings Post the beginning balance and closing entries to Retained Eamings in the T-account by selecting the respective posting references and then ent amounts. Determine the ending balance. LU
