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 2 Accounts receivable Accounts payable Salaries payable Cash Dividends Operating expense Prepaid rent Rent expense Retained Earnings 1/1/Year 2 Salaries expense Service revenue Supplies Supplies expense Common stock Unearned revenue Land $ 27.100 7,950 11,900 41,100 5,400 2,700 3.400 7,800 21,000 31,900 63,920 410 2,290 24,000 6,830 13,500 Required a. Prepare the journal entries necessary to close the temporary accounts at December 31, Year 2, for Zone Health Club. b. What is the balance in the Retained Earnings account after the closing entries are posted? Answer is not complete Complete this question by entering your answers in the tabs below. Required A Required B Prepare the journal entries necessary to close the temporary accounts at December 31, Year 2, for Zone Health Club. (If no entry is required for a transaction/event, select "No Journal ontry required in the first account field.) No General Journal Credit Event 1 Debit 63,020 A Service revenue Retained earnings 63,920 8 2 21,000 3 Retained earnings Operating exponse Rent expense Salonos expense Supplies expense 2,700 7.800 31,900 O 2200 Required B > 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 2 Accounts receivable Accounts payable Salaries payable Cash Dividends Operating expense Prepaid rent Rent expense Retained Earnings 1/1/Year 2 Salaries expense Service revenue Supplies Supplies expense Common stock Unearned revenue Land $ 27,100 7,950 11,900 41,100 5.400 2.700 3,400 7,800 21,800 31,900 63,920 410 2,290 24,000 6,830 13,500 Required a. Prepare the journal entries necessary to close the temporary accounts at December 31. Year 2 for Zone Health Club, b. What is the balance in the Retained Earnings account after the closing entries are posted? Answer is not complete. 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 2 Beginning retained earnings Add: Revenue Ending retained earnings