Question: please explain what im doing wrong i dont understand retained earnings or what less expenses mean???? Required a. Prepare the journal entries necessary to close

 please explain what im doing wrong i dont understand retained earnings

or what less expenses mean???? Required a. Prepare the journal entries necessary

to close the temporary accounts at December 31, Year 2, for Zone

please explain what im doing wrong i dont understand retained earnings or what less expenses mean????

Required a. Prepare the journal entries necessary to close the temporary accounts at December 31, Year 2, for Zone Health Club. b. What is the balance in the Retained Earnings account after the closing entries are posted? \begin{tabular}{|l|} \hline Beginning Retained Earnings \\ \hline Add: Revenue \\ \hline Less: Expenses \\ \hline Less: Dividends \\ \hline Ending Retained Earnings \\ \hline \end{tabular}

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