would I use the retained earnings from the top to calculate them in the chart

Roscoe's Journal Roscoe has attempted to journalize the closing entries for Chandler, Inc. on this panel. He's not sure if he's journalized the entries correctly, and asks you to review them. You find that one entry is correct, but the other is incorrect. Determine which entry is incorrect, and journalize both closing entries for Chandler, Inc. as of Dec. 31. Journal Page 25 Date Description Post. Ref. Debit Credit Dec. 31 Retained Earnings 463,600 Fees Earned 165,600 Rent Revenue 92,000 Interest Revenue 17,200 Salaries Expense 71,000 37,600 Selling Expense Income Taxes Expense 15,000 Depreciation Expense 47,200 Insurance Expense Miscellaneous Expense 17,000 1,000 Dec. 31 5,000 Retained Earnings Dividends 5,000 Journal Roscoe has attempted to journalize the closing entries for Chandler, Inc. on the Roscoe's Journal panel. He's not sure if he's journalized the entries correctly, and asks you to review them. You find that one entry is correct, but the other is incorrect. Determine which entry is incorrect, and journalize both closing entries for Chandler, Inc. as of Dec. 31. If an amount box does not require an entry, leave it blank. Dec. 31 Fees Earned 165,600 Rent Revenue 92,000 Interest Revenue 17,200 Salaries Expense 71,000 37,600 Selling Expense Income Taxes Expense (J1111111 15,000 Depreciation Expense 47,200 17,000 Insurance Expense Miscellaneous Expense Retained Earnings 1,000 5,000 Dec. 31 Retained Earnings Dividends 5,000 Post-closing Trial Balance