unts $ Requirements - X 1000 16.100 13500 5900 1. Al adjustments have been journalized and posted but the closing entries have not yet been made Journalize Mountain Lodge's closing tries at January 31 2018 2. AT-account for Retained Earnings has been set up for you. Post to that account. Then calculate Mountain Lodges not income for the year ended January 31 2018 What is the ending balance of Retained Ennings 3. Did Retained Earnings increase or decrease during the year? What caused the Increase or the decrease? Accounts payable Accounts receivable Accumulated depreciation equipment Advertising and Cash Common stock Current portion of long-term note payab Depreciation expensement Dividends declared Equipment 12.100 Interest expense 16.400 Note payable long term Other a long tim 6900 Prepaid cases 10.600 Retained caring 17300 January 31, 2017 $500 Satury pose Sality payable 1500 Servke revenue 1.100 Supplies 10 000 Supplies 43.400 Uneamed sorvervenue 13.200 26000 3.300 91.500 3.700 5.000 1000 Prict Done The accounts of Mountain Lodge Services, Inc, at January 31, 2018, are listed in alphabetical order Click the icon to view the accounts.) Read the requirements Requirement 1. All adjustments have been joumalized and posted, but the closing entries have not yet been made. Joumalize Mountain Lodge's closing entries at January 31 2018 (Record debits first, then credits. Exclude explanations from any journal entries.) Record the closing entries for Mountain Lodge at January 31, 2018. Begin by closing the revenue account Journal Entry Accounts Debit Credit (1) Jan 31 Date Next, close the expense accounts Nest, Giose the expense accounts Date Journal Entry Accounts Debit Credit (2) Jan 31 Now close the dividends account Now close the dividends account Journal Entry Date Accounts Debit Credit (3) Jan 31 Requirement 2. AT-account for Retained Earnings has been set up for you Post to that account. Then calculate Mountain Lodge's net income for the year ended January 31, 2018 What is the ending balance of Retained Eamings? Choose from any list or enter any number in the input fields and then continue to the next question Meqment ZA T-Count for Rated Earning has been set up for you. Pest to that account. Then at Mountain Lodge's income for the year orded January 31, 2011 What is the ending balance of Retined Earninga? Post the beginning balance and desilog onths to Rottined Euringule the account by Selecting the respective penting reference and we entering the conectateurs. Dolomite he ending balaca The was Roquirement. Did Ratandanings or deceduring the year? What caused as a decrease? Retained Earn during 2018 because Choose from any ceny number in the inputs and then come to the best