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The following is the Bravo Unlimited adjusted Trial Balance. Bravo Unlimited Adjusted Trial Balance December 31, 2016 Account Title Debit Credit $88,450 Cash Accounts Receivable
The following is the Bravo Unlimited adjusted Trial Balance. Bravo Unlimited Adjusted Trial Balance December 31, 2016 Account Title Debit Credit $88,450 Cash Accounts Receivable 331,000 Supplies 13,255 Prepaid Rent 10,500 Equipment 295,285 Accumulated Depreciation $236,760 Accounts Payable 75,555 Wages Payable 14,000 Capital Stock 220,000 Retained Earnings 111,145 Service Revenue 900,105 Rent Expense 64,000 541,260 Wages Expense Supplies Expense 42,520 Depreciation Expense 165,095 Dividends 7,700 $1,559,065 $1,559,065 Totals Prepare the general journal entry (without explanation) needed to close expense(s) for the year end. Use compound entries where required
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