Closing Entries After the accounts have been adjusted at April 30, the end of the fiscal...
Closing Entries
After the accounts have been adjusted at April 30, the end of the fiscal year, the following balances were taken from the ledger of Nuclear Landscaping Co.:
| Felix Godwin, Capital | $685,260 |
| Felix Godwin, Drawing | 39,000 |
| Fees Earned | 558,000 |
| Wages Expense | 423,000 |
| Rent Expense | 101,500 |
| Supplies Expense | 38,070 |
| Miscellaneous Expense | 12,690 |
Journalize the two entries required to close the accounts.
For a compound transaction, if an amount box does not require an entry, leave it blank.
| Apr. 30 | |||
| Apr. 30 | |||
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Closing Entries
After the accounts have been adjusted at April 30, the end of
the fiscal...
Closing Entries After the accounts have been adjusted at November 30, the end of the fiscal...
Closing Entries
After the accounts have been adjusted at November 30, the end of
the fiscal year, the following balances were taken from the ledger
of Diamond Landscaping Co.:
Retained Earnings
$2,550,000
Dividends
25,000
Fees Earned
1,150,000
Wages Expense
613,750
Rent Expense
120,000
Supplies Expense
9,150
Miscellaneous Expense
11,000
Journalize the two entries required to close the accounts. If an
amount box does not require an entry, leave it blank.
Closing Entries After the accounts have been adjusted at November...
71% 3:46 PM Homework1- Read-only PE 4-4B Closing entries OBJ. 3 After the accounts have been...
71% 3:46 PM Homework1- Read-only PE 4-4B Closing entries OBJ. 3 After the accounts have been adjusted at April 30, the end of the fiscal year, the follow ing balances were taken from the ledger of Nuclear Landscaping C. Felix Godwin, Capital Felix Godwin, Drawing Fees Earned Wages Expense Rent Expense Supplies Expense Miscellaneous Expense $643,600 10,500 356,500 283,100 56,000 11,500 13,000 Journalize the two entries required to close the accounts.
71% 3:46 PM Homework1- Read-only PE 4-4B Closing entries OBJ. 3 After the accounts have been...
71% 3:46 PM Homework1- Read-only PE 4-4B Closing entries OBJ. 3 After the accounts have been adjusted at April 30, the end of the fiscal year, the follow ing balances were taken from the ledger of Nuclear Landscaping C. Felix Godwin, Capital Felix Godwin, Drawing Fees Earned Wages Expense Rent Expense Supplies Expense Miscellaneous Expense $643,600 10,500 356,500 283,100 56,000 11,500 13,000 Journalize the two entries required to close the accounts.
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Calculator After the accounts have been adjusted at January 31, the end of the year, the...
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Instructions Chart of Accounts Journal Instructions Х After the accounts have been adjusted at December 31,...
Instructions Chart of Accounts Journal Instructions Х After the accounts have been adjusted at December 31, the end of the fiscal year, the following balances were taken from the ledger of Pioneer Delivery Services Co.: Kerry Buckner, Capital $3,513,000 Kerry Buckner, Drawing 42,500 Fees Earned 1,324,000 Wages Expense 749,100 Rent Expense 68,800 Supplies Expense 14,600 Miscellaneous Expense 7,350 Required: Journalize the two entries required to close the accounts. Refer to the Chart of Accounts for exact wording of account titles....
Closing Entries
After the accounts have been adjusted at November 30, the end of
the fiscal year, the following balances were taken from the ledger
of Diamond Landscaping Co.:
Retained Earnings
$2,550,000
Dividends
25,000
Fees Earned
1,150,000
Wages Expense
613,750
Rent Expense
120,000
Supplies Expense
9,150
Miscellaneous Expense
11,000
Journalize the two entries required to close the accounts. If an
amount box does not require an entry, leave it blank.
Closing Entries After the accounts have been adjusted at November...
71% 3:46 PM Homework1- Read-only PE 4-4B Closing entries OBJ. 3 After the accounts have been adjusted at April 30, the end of the fiscal year, the follow ing balances were taken from the ledger of Nuclear Landscaping C. Felix Godwin, Capital Felix Godwin, Drawing Fees Earned Wages Expense Rent Expense Supplies Expense Miscellaneous Expense $643,600 10,500 356,500 283,100 56,000 11,500 13,000 Journalize the two entries required to close the accounts.
71% 3:46 PM Homework1- Read-only PE 4-4B Closing entries OBJ. 3 After the accounts have been adjusted at April 30, the end of the fiscal year, the follow ing balances were taken from the ledger of Nuclear Landscaping C. Felix Godwin, Capital Felix Godwin, Drawing Fees Earned Wages Expense Rent Expense Supplies Expense Miscellaneous Expense $643,600 10,500 356,500 283,100 56,000 11,500 13,000 Journalize the two entries required to close the accounts.
Closing Entries After the accounts have been adjusted at May 31, the end of the fiscal year, the following balances were taken from the ledger of Beautifying Landscaping Co.: Retained Earnings $717,750 Dividends 28,000 Fees Earned 644,845 Wages Expense 435,000 Rent Expense 104,400 Supplies Expense 39,150 Miscellaneous Expense 13,050 Calculator Dividends 28,000 Fees Eamed 644,845 Wages Expense 435,000 Rent Expense 104,400 Supplies Expense 39,150 Miscellaneous Expense 13,050 Journalize the two entries required to close the accounts. If an amount box...
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Instructions After the accounts have been adjusted at December 31, the end of the fiscal year, the following balances were taken from the ledger of Pioneer Delivery Services Co.: Kerry Buckner, Capital Kerry Buckner, Drawing Fees Earned Wages Expenso Rent Expense Supplies Expense Miscellaneous Expense $9,556,300 80,000 1,878,400 1,415,500 125,000 30,600 22,100 Required: Journalize the two entries required to close the accounts. Refer to the Chart of Accounts for exact wording of account titles. CHART OF ACCOUNTS Pioneer Delivery Services...
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