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 exponse Prepaid rent Bent expense Retained Earnings 1/1/Year 1 Salaries expense Service revenue Supplies Supplies cxpense Common stock Unearned revenge Land $26.900 7,810 10,00 41,600 5.200 2,70 2,600 7.000 19.400 22.500 84.100 160 2.110 17,700 5.50 14.00 Required a. Prepare the journal entries necessary to close the temporary accounts at December 31 Yeart 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 Prepare the journal entries necessary to dose the temporary accounts at December 3, Year for Zone Health Club no entry required for a transaction/event select "No journal entry required in the first accounted) View transaction lit Journal entry worksheet The following financial Information was taken from the books of Zone Health Club, a small spa and fitness club Account balance or December 31 Yaris Accounts receivable Accounts payable Salaries payable Cash Dividends Operating expanse Prepaid rent Kent expense Retained earnings 1/1/Year 1 Salaries expense Service revenue Supplies Supplies pense Common stock Unearned revenge Land 1.76.900 7. 10.00 41,00 5.200 2.700 2,600 7,00 19.40 12,500 54,100 200 2.110 17,700 6.550 14,300 Required a. 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 Retnined Earnings account after the closing entries are posted? Complete this question by entering your answers in the tabs below. Required A Required Prepare the journal entries necessary to close the temporary accounts at December 31, Year 1, for Zone Health Club. (ar no entry is required for a transaction event, select "No journal entry required in the first account field) Vuw transaction et Journal entry worksheet Record entry to close expenses Note: Enter debes before credits General Journal Debut Credit Event 2 Recordedy Clear entry Vw general Journal Required) The following financial information was taken from the books of Zone Health Club, small spa and fitness club Account Walanced December 11 Accounts receivable Accounts payable Salaries payable Cash 7. 10. 41.000 5,200 2.700 2.000 7.000 19:00 12.10 4.100 53 sto sont Retained varnings 1/1/Year 1 Salates expense revenue Supplies Suplier expense Comen stock Uncanned revenue Land 2.110 17.00 6.550 14,100 Required a. Prepare the journal entries necessary to close the temporary accounts of December 31, Year 1 for Zone Health Club b. What is the balance in the Retained Earnings account afer the closing entries are posted? Complete this question by entering your answers in the tabs below. Required Required Prepare the journal entries necessary to dose the temporary accounts at December 31, Year 1, for Zone Health Club, (If no entry required for a transaction/event, select "No Journal erary required in the first account field) Viewnection that Journal entry worksheet Record entry to close Dividends Nice martire che General Journal Debatt Credit Event 3 Record by Clear only Viewer Required > quiz The following financial information was taken from the books of Zone Health Club, a small spa and fitness ch Account balances as of December 31, Year 1 Accounts receivable Accounts payable Salarios payable Cash Dividends Operating expense Prepaid rent Rent expense Retained Earnings 1/1/Year 1 Salaries expense Service revenue Supplies Supplles expense Common stock Unearned revenue Land $26.900 7.030 10,500 41.600 5,200 2.700 2.600 7.000 19.400 32,500 84,100 360 2.110 17.7 6.550 14,38 Required a. Prepare the journal entries necessary to close the temporary accounts at December 31. Year 1. for Zone H 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 What is the balance in the Retained Earnings account after the closing entries are posted? Retained Earnings. Year 1 Beginning retained earnings Ending retained earnings