i need help with questions 1&2

E4-21 Preparing closing entries from T-accounts Selected accounts for Kennedy Photography at December 31, 2016, follow: Retained Earnings 60,000 Service Revenue 36,000 7,000 Dividends 23,000 Salaries Expense 31,600 Supplies Expense 3,200 1,300 Depreciation Expense-Furniture Depreciation Expense Building 1,700 6,900 Requirements 1. Journalize Kennedy Photography's closing entries at December 31, 2016. 2. Determine Kennedy Photography's ending Retained Earnings balance at December 31, 2016. Determining the effects of closing entries on the Retained Earnings ac count Le