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Clippers Inc. Adjusted Trial Balance December 31 Account Debit Cash $3,700 Supplies 5,220 Notes Payable Salaries Payable Common Stock Retained Earnings Dividends 500 Service Revenue Salaries Expense 3,400 Insurance Expense 1,780 Utilities Expense 900 Totals $15,500 Record the closing entries for service revenue. Debit Service Revenue Cash $8,000 Credit $1,000 300 1,700 4,500 8,000 $15,500 Credit $8,000