Barter Auto Repair had the following account balances after adjustments. Assume all accounts had normal balances. (Click the icon to view the account balances.) 14. Prepare the closing entries for Barter at December 31 . 15. What is the balance of Retained Earnings after closing entries have been recorded? (Use a T-account to determine the balance.) 14. Prepare the closing entries for Barter at December 31. (Record debits first, then credits. Select the Axnlanation nn the last line of the inumal antru tahie I Data table \begin{tabular}{lrlr} \hline OHtice Supplies & 3,300 & Servce Kevenue & 2,200 \\ Equipment & 34,600 & Depreciation Expense-Equipment & 400 \\ Accumulated Depreciation-Equipment & 1,700 & Salaries Expense & 500 \\ Accounts Payable & 4,900 & Rent Expense & 800 \\ Notes Payable (long-torm) & 7,600 & Utilities Expense & 800 \\ & & Supplies Expense & 300 \\ \hline \end{tabular} 14. Prepare the closing entries for Barter at Deoember 31. (Recond debits first, then cradits. Shilect the explanation on the last line of the joumai erity table.). First we will close the Service Reverie acoount. Barter Auto Repair had the following acooumh balances after abjustments. Assume all accounts had normal