Manny's Bowling Alley's adjusted trial balance as of December 31, 2016 is presented below: (Click the icon to view the adjusted trial balance.) Requirements 1. Prepare the closing entries for Manny's Bowling Alley. Requirement 1. Prepare the closing entries for Manny's Bowling Alley. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Start by closing revenues. Date Accounts and Explanation Dec. 31 Service Revenue Clos. (1) Income Summary To close revenues. Debit Credit 98000 98000