Ok I have an appendix f with 3 parts that I have to fill in with the infor. Provided I don't understand where it all goes, no I am not understanding any part of this class.
So can anyone tell me the T accounts part what is income summary and retained earnings?

This is the closing process:
Principles of Accounting Chapter 4

Your revenues are debited to the income summary account, then your expenses are debited to the income summary account. Next if you have a credit balance you debit the same amount from income summary and credit to your retained earings account to close out your income summary account. If your income summary account has a debit balance then you credit income summary for the same amount and debit retained earnings to close out income summary.

The only time you use an income summary account is to close out your revenues and expense accounts to retained earnings.