for second question I only need the last answers please

For Ling Co., journalize the entry on July 1 and adjusting entry on December 31. (Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Debit Credit Account Titles and Explanation Insurance Expense ily 1 12400 Cash 12400 Bc. 31 Prepaid Insurance 9300 9300 Insurance Expense For Ling Co., post the entries passed on July 1 and December 31. (Post entries in the order of journal entries presented in the previous part.) Prepaid Insurance Insurance Expense e Textbook and Media Selected year-end account balances from the adjusted trial balance as of December 31, 2017 for Tippy Corporation is provided below. Credit Debit $72,600 26,300 13,200 212,800 91.100 Accounts Receivable Dividends Depreciation Expense Equipment Salaries and Wages Expense Accounts Payable Accumulated Depreciation Equipment Unearned Rent Revenue Service Revenue Rent Revenue Rent Expense Retained Earnings Supplies Expense $53,000 114,800 22,900 183,800 6.200 3,600 61,800 1.400 Part 2 Your answer is partially correct. Determine the post-closing balance in Retained Earnings. (Post entries in the order of journal entries presented in th Retained Earnings 26300 Dec 31 Jan. 1 61800 Bal. 142500 80700 Dec. 31 Bal. Bal. 142,500