Bradford 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 Bradford at December 31. 15. What is the balance of Retained Eamings after closing entries have been recorded? (Use a T-account to determine the balance.) 14. Prepare the closing entries for Bradford at December 31. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) First we will close the Service Revenue account. Date Clos. (1) Accounts and Explanation Next we will close the expense accounts. Date Clos. (2) Debit Credit Accounts and Explanation. Debit Credit