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The following financial Information was taken from the books of Zone Health Club, a small spa and fitness club: Mecount 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: Mecount balances as of December 31, Year 2 Mccounts receivable Accounts payable Salaries payable Cash Dividende Operating expense Prepaid rent Rent expense Retained earninge. Meginning Salaries expense Service reverse Supplies Supplies expense Common stock read revenue $ 29,900 7.170 11,900 43.100 4.700 2,190 2.500 7.000 10.600 3),400 73.600 320 2.450 22.100 5,500 13,300 Land 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? 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 2, for Zone Health Club. If no entry is required for a transaction/event, select "No joumal entry required in the first account red.) View transaction lit MacBook Air 80 DOO 73 ODD & ... FS FB # 3 A $ 4 % 5 * 6 & 7 8 9 0 W E E R T Y U 0 P 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 2, for Zone Health Club. (If no entry is 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 Event General Journal Debit Credit 1 Record entry Clear entry View general journal MacBook Air 80 F1 F2 CDO F4 FS FB 510 @ A * 2 # 3 $ 4 % 5 6 & 7 8 8 9 0 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? 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 Ending retained earnings MacBook Air F2 20 F3 ODD F4 FS 76 57 F8 # 3

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