Using the information from the Adjusted Trial Balance, journalize the closing entries for December 31 in RED order. Record debits first, then credits. Date Accounts and Explanation Debit Credit SMART TOUCH LEARNING Adjusted Trial Balance December 31, 2016 Dec. 31 Service Revenue 109,400 Retained Earnings 109,400 Balance Debit Credit Account Title To Close Revenues Cash 20,200 Accounts Receivable 9,300 Date Accounts and Explanation Debit Credit Office Supplies 300 Dec. 31 Prepaid Rent 10,800 Inventory 6,300 Furniture 17,100 Accumulated Depreciation- Furniture 6,200 Accounts Payable 3,800 Salaries Payable 400 Utilities Payable 300 Unearned Revenue 4,600 Notes Payable 8,500 To Close Expenses v Common Stock 10,100 Retained Earnings 12,400 Date Accounts and Explanation Debit Credit Dividends 25,600 Dec 31 Service Revenue 109,400 Selling Expenses 1,700 To Close Dividends Advertising Expense 1,000 Salaires Expense 20,800 Depreciation Expense-- Furniture 1,400 Utilities Expense 600 Income Tax Expense 12,400 Rent Expense 21,700 Supplies Expense 6,500 Total 155,700 155,700