The ledger of Bramble Company contains the following balances: Retained Earnings ( $ 32,000 ), Dividends ( $ 2,000 ), Service Revenue ( $ 52,000 ), Salaries and Wages Expense ( $ 25,000 ), and Supplies Expense ( $ 7,000 ). Prepare the closing entries at December 31. (Credit account titles are outomotically indented when amount is en

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The ledger of Bramble Company contains the following balances: Retained Earnings  (  $ 32,000  ), Dividends  (  $ 2,000  ), Service Revenue  (  $ 52,000  ), Salaries and Wages Expense  (  $ 25,000  ), and Supplies Expense  (  $ 7,000  ). Prepare the closing entries at December 31. (Credit account titles are outomotically indented when amount is entered. Do not indent manually.)

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