Question: i just need the last part answer plz. please answer as shown 600 700 Salaries Expense Utilities Expense Supplies Expense Rent Expense To close expenses

600 700 Salaries Expense Utilities Expense Supplies Expense Rent Expense To close expenses 200 300 Now we will close the income Summary account Date Debit Credit Clos (3) Accounts and Explanation Retained Eamings Income Summary 700 1700 To close Income Summary Finally close the Dividends account Date Debit Credit Clos (4) Accounts and Explanation Retained Earnings Dividends 2,300 2.300 To close dividends 16. What is the balance of Rotoined Earings aftor closing ontries have been recorded? (Uson Taccount to determine the balance. Uso "Clos" and the corresponding number as shown in the journal entry as posting references-"Clos (1), "Clos (27 etc The adjusted balance of this account has been entered for you Post any closing entries to this account and then calculate the post closing balance ("Bal") of the account Clos 2 Clos 3 Retained Earnings 2,500 28,700 Bal 700 1.800 Clos. 1 26,900 Bar Choose from any list or enter any number in the input fields and then click Check Answer Bradford Auto Repair had the following account balances after adjustments Assume all accounts had normal balances (Click the icon to view the account balances) 14. Prepare the ciosing entries for Bradford at December 31 15. What is the balance of Retained Earnings after closing entries have been recorded? (Use a T-account to determine the balance) 14. Prepare the closing entries for Bradford at December 31 (Record debits first thon credits. Select the explanation on the last line of the journal entry table.) First we will close the Sorvice Revenue account Date Accounts and Explanation Debit Credit Clos (1) Service Revenue 1,800 Income Summary 1 800 To close revenues Next we will close the expenso accounts Date Accounts and Explanation Debit Credit Clos (2) 2,500 700 600 Income Summary Depreciation Exponse Equipment Satanes Expense Utilities Expense Supplies Expense Rent Expenso To close exponses 700 200 300
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