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 Accounts receivable Equipment Accumulated depreciation Notes payable Common stock Retained earnings Service fees earned Rent expense Salaries expense Depreciation expense Totals $ 44,000 28,000 376,000 72,000 60,000 130,000 62,000 326,000 44,000 116,000 42,000 0 $650,000 $650,000