The ledger of Bridgeport Company contains the following balances: Retained Earnings $28,500, Dividends $3,000, Service Revenue $48,500, Salaries and Wages Expense $25,500, and Supplies Expense $7,000. The closing entries are as follows: Close revenue accounts. (1) (2) Close expense accounts. (3) Close net income/(loss). (4) Close dividends. Enter the balances in T-accounts, and post the closing entries.

The ledger of Bridgeport Company contains the following balances: Retained Earnings $28,500, Dividends $3,000, Service Revenue $48,$00, Salaries and Wages Expense \$25,500, and Supplies Expense \$7,000, The closing entries are as follows: (1) Close revenue accounts. (2) Close expenseaccounts (3) Closenet income/(loss). (4) Close dividends. Enter the balances in T-accounts, and post the closing entries. The ledger of Bridgeport Company contains the following balances: Retained Earnings $28,500, Dividends $3,000, Service Revenue $48,$00, Salaries and Wages Expense \$25,500, and Supplies Expense \$7,000, The closing entries are as follows: (1) Close revenue accounts. (2) Close expenseaccounts (3) Closenet income/(loss). (4) Close dividends. Enter the balances in T-accounts, and post the closing entries