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 receivabla Accounts payable Salaries payable Cash Dividends Operating expense Prepaid rent Rent expense Retained earnings, Beginning Salaries expenso Service revenue Supplies Supplies expense Common stock Unearned revenue Land $ 29,500 7,270 11,500 40,100 4,600 2,610 2,900 7.900 18,900 30,300 76,200 580 2,820 24,300 7.360 14.300 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? 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 Ending retained earnings Required A MacBook Air Review-Chapters 1-4 Saved Required A Required B Prepare the journal entries necessary to close the temporary accounts at December 31, Year 2, for Zone Health Club. required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record entry to close service revenue. Note: Enter debits before credits General Journal Event 1 Debit Credit Record entry Clear entry View general Journal Required> MacBook AS 00 DOD F2 ** F3 F4