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The Following Is the Adjusted Trial Balance as of December

Question 126

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The following is the adjusted trial balance as of December 31,2018 of Bravo Photography:
 Account  Debit  Credit  Cash $1,700 Accounts Receivable 8,500 Supplies 100 Equipment 7,500 Accumulated Depreciation-Equipment $2,000 Accounts Payable 1,200 Salaries Payable 800 Unearned Revenue 600 Bravo, Capital 3,400 Bravo, Withdrawals 2,300 Service Revenue 40,000 Salaries Expense 24,000 Supplies Expense 2,300 Depreciation Expense-Equipment 1,600Total$48,000$48,000\begin{array}{|l|r|r|r|}\hline\text { Account }&\text { Debit } & \text { Credit }\\\hline \text { Cash } & \$ 1,700& \\\hline \text { Accounts Receivable } & 8,500 & \\\hline \text { Supplies } & 100 & \\\hline \text { Equipment } & 7,500 \\\hline \text { Accumulated Depreciation-Equipment } & &\$2,000\\\hline \text { Accounts Payable } & &1,200 \\\hline \text { Salaries Payable } & & 800 \\\hline \text { Unearned Revenue } & &600 \\\hline \text { Bravo, Capital } &&3,400 \\\hline \text { Bravo, Withdrawals } & 2,300& \\\hline \text { Service Revenue } & &40,000 \\\hline \text { Salaries Expense } &24,000 & \\\hline \text { Supplies Expense } &2,300\\\hline \text { Depreciation Expense-Equipment } &1,600 \\\hline \text {Total}& \$ 48,000 & \$ 48,000 \\\hline\end{array} Provide the closing entry for revenues.Omit explanation.

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