PLEASE HELP, ONLY GOT 1 INCORRECT

Comprehensive Problem 1 Part 9:

The following is a comprehensive problem which encompasses all of the elements learned in previous chapters. You can refer to the objectives for each chapter covered as a review of the concepts.

Note: You must complete parts 1, 2, 3, 4, 6, 7 and 8 before completing part 9. Part 5 is optional.

Part 9: Prepare the closing entries below. Then, using the attached spreadsheet from part 2, post the entries to your general ledger. If an amount box does not require an entry, leave it blank.

Post. Ref. Debit Credit 40,000 Date Account Name 20Y8 Closing Entries May 31 Fees Earned Salary Expense Rent Expense Supplies Expense Depreciation Expense 1,705 1,600 1,370 330 Insurance Expense 275 Miscellaneous Expense 1,295 Retained Earnings 33,425 May 31 Retained Earnings 42,300 x Dividends 10,500