Use EMBG's adjusted trial balance to prepare entries to close EMBG's temporary accounts (using Retained Earnings), in journal entry form. EMBG CORPORATION Adjusted Trial Balance For the Year Ending December 31, 2016 Debit Credit Cash $ 44,000 Accounts receivable 28,000 Equipment 376,000 Accumulated depreciation $ 72,000 Notes payable 60,000 Common stock 130,000 Retained earnings 62,000 Service fees earned 326,000 Rent expense 44,000 Salaries expense 116,000 Depreciation expense 42,000 0 Totals $650,000 $650,000