Required Information:

Required A #1:

Required A #2:

Required A #3:

Required B:

The following financial information was taken from the books of Zone Health Club, a small spa and fitness club: Account Balances as of December 31, Year 2 Accounts receivable Accounts payable Salaries payable Cash Dividends Operating expense Prepaid rent Rent expense Retained Earnings 1/1/Year 2 Salaries expense Service revenue Supplies Supplies expense Common stock Unearned revenue Land $ 29, 100 7,160 11,700 44,100 4,900 2,110 2,600 7,900 20,900 32,600 72, 940 520 2,390 21,200 6,820 14,500 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? Complete this question by entering your answers in the tabs below. Required A Required B Prepare the journal entries necessary to close the temporary accounts at December 31, Year 2, for Zone Health required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Required A Required B Prepare the journal entries necessary to close the temporary accounts at December 31, Year 2, for Zone Hea required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record entry to close expenses. Note: Enter debits before credits. Event General Journal Debit Credit 2 Record entry Clear entry View general journal Required A Required B Prepare the journal entries necessary to close the temporary accounts at December 31, Year 2, for Zone Health Club required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Complete this question by entering your answers in the tabs below. Required A Required B What is the balance in the Retained Earnings account after the closing entries are posted? Retained Earnings, Year 2 Beginning retained earnings Ending retained earnings