The following balances appear on the books of Venetia Omobolanle Enterprises: Retained Earnings, $$26,100$; Dividends, $$8,500$; Income Summary, $$0$; Service Revenue, $$23,700$; Salaries Expense, $$6,100$; Rent Expense $$4,000$; and Advertising Expense, $$3,300.$ All accounts have normal balances.

Read the requirements.

Requirement $1.$ The T$-$accounts have been set up for you. Insert each account's adjusted balance as given $($denote as Adj. Bal.$)$ at December $31.$

Retained Earnings

$$

Service Revenue $$

Dividends

$$

Salaries Expense

$$

$$

$$

$$

Income Summary $q,$

$$

Advertising Expense $q,$

Requirements

The T$-$accounts have been set up for you. Insert each account's adjusted balance as given $($denote as Adj. Bal.$)$ at December $31.$

Post the closing entries to the accounts, denoting posted amounts as Clos.

Compute the ending balance of Retained Earnings.