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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 331,860 Supplies 13,255 Prepaid Rent 10,500 Equipment 295,285 $236,760 Accumulated Depreciation Accounts Payable 75,555 Wages Payable 14,000 Capital Stock 220,000 Retained Earnings 111,145 900,105 Service Revenue Interest Income 1,500 64,000 Rent Expense Wages Expense 541,260 Supplies Expense 42,520 Utilities Expense 8,595 Depreciation Expense 156,500 Interest Expense 6,840 $1,559,065 $1,559,065 Totals Prepare the general journal entry (without explanation) needed to close the revenue(s) for the year end. Use compound entries where required
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