Will rate! Please create the closing entries and the post-closing entries.

RYAN FINANCIAL PLANNERS INCOME STATEMENT FOR THE MONTH ENDED DECEMBER 31, 2017 Debit Credit Revenues Service Revenues 4700 Expenses Rent Expense Depreciation Expense Supplies Expense 2900 2500 600 Total Expenses 6000 Net Income $1,300 RYAN FINANCIAL PLANNERS RETAINED EARNINGS STATEMENT FOR THE MONTH ENDED DECEMBER 31, 2017 Retained Earnings, December 1, 2017 Less: Net Loss Dividends Retained Earnings, December 31, 2017 4400 1300 2000 3300 $1,100