Closing Entries The adjusted trial balance prepared as of December 31, for Cheryl Lester \& Company, shipping agent, contains the following accounts: Prepare journal entries to close the accounts directly to Retained Earnings. After these entries are posted, what is the balance in the Retained Earnings account? Balance in Retained Earnings at December $31$$

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Closing Entries The adjusted trial balance prepared as of December 31, for Cheryl Lester \& Company, shipping agent, contains the following accounts: Prepare journal entries to close the accounts directly to Retained Earnings. After these entries are posted, what is the balance in the Retained Earnings account? Balance in Retained Earnings at December

31$

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