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The following financial information was taken from the books of Zone Health Club, a small spa and fitness club: Account Balances as of December 31,

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The following financial information was taken from the books of Zone Health Club, a small spa and fitness club: Account Balances as of December 31, Year 1 Accounts receivable Accounts payable Salaries payable Cash Dividends Operating expense Prepaid rent Rent expense Retained Earnings 1/1/Year 1 Salaries expense Service revenue Supplies Supplies expense Common stock Unearned revenue land $ 26,600 7.530 12,000 40,800 4,800 2.510 3,500 7,600 20,600 32,000 30,500 400 2,090 20,600 6,490 13,900 Required 6. Prepare the journal entries necessary to close the temporary accounts at December 31. Year 1, for Zone Health Club b. What is the balance in the Retained Earnings account after the closing entries are posted? Complete this question by entering your answers in the tabs below. Required A Required B Prepare the journal entries necessary to close the te Required A Required B Zone Health Club. (If no entry is Prepare the journal entries necessary to close the temporary accounts at Decen required for a transaction/event, select "No journal entry required in the first View transaction list Journal entry worksheet

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