Please answer Part A and B E4-20 Selected year-end account balances from the adjusted trial balance as of December 31, 2017, for Tippy Corporation is provided below. Debit Credit Accounts Receivable $ 72,600 Dividends 26,300 Depreciation Expense 13,200 Equipment 212,800 Salaries and Wages Expense 91,100 Accounts Payable $ 53,000 Accumulated DepreciationEquipment 114,800 Unearned Rent Revenue 22,900 Service Revenue 183,800 Rent Revenue 6,200 Rent Expense 3,600 Retained Earnings 61,800 Supplies Expense 1,400 Instructions (a) Prepare closing entries (b) Determine the post-closing balance in Retained Earnings.Please answer 4-20 listed in the picture

200 4 Accrual Accounting Concepts Prepare closing entries. LO 4), AP E4-20 Selected year-end account balances from the adjusted trial balance as of December 31, 2017, for Tippy Corporatio n is provided below Debit Credit 72,600 26,300 13,200 Accounts Receivable Dividends Depreciation E Equipment Salaries and Wages Expense Accounts Payable Accumulated Depreciation-Equipment Unearned Rent Revenue Service Revenue Rent Revenue Rent Expense Retained Earnings Supplies Expense xpense 212,800 91,100 53,000 114,800 22,900 183,800 6,200 3,600 61,800 1,400 Instructions (a) Prepare closing entries (b) Determine the post-closing balance in Retained Earnings