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Practice Knowledge Check Saved The ledger accounts of AXX Internet Company appear as follows on March 31, 2019 NO ACCOUNT BALANCE 101 Cash 111 Accounts Receivable 121 Supplies 131 Prepaid Insurance 141 Equipment 142 Accumulated Depreciation-Equipment 202 Accounts Payable 301 Aretha Hinkle, Capital 302 Aretha Hinkle, Draving 401 Fees Income 518 Depreciation Expense-Equipment 511 Insurance Expense 514 Rent Expense 517 Salaries Expense 518 Supplies Expense 519 Telephone Expense 523 Utilities Expense 5 40,808 29,910 5,3ee 12,s88 59,e98 28,666 7,080 65,006 6, 500 187,230 18,58e 5,708 16,588 83,800 2,80e 3,400 4, 784 0.33 points eBook Hint All accounts have normal balances. Required 1. Prepare the closing entries. 2 Post the transactions in to the appropriate ledger accounts. Hint Be sure to enter beginning balances Complete this question by entering your answers in the tabs below. General Ledgers Journal

Practice: Knowledge Check Saved Mar 31, 2019 Mar 31, 2019 Mar 31, 2019 Debit 0.33 polnts Mar 31, 2019 Mar 31. 2019 Mar 31, 2019 Mar 31, 2019 Mar 31, 2019 Hint Mar 31, 2019 Mar 31, 2019 Mar 31, 2019 Mar 31, 2019 Mar 31, 2019 Mar 31, 2019 Mar 31, 2019 Mar 31, 2019 Mar 31, 2019 Mar 31, 2019 Mar 31, 2019 Mar 31. 20 19 Mar 31, 2019 Mar 31, 2019 General Journal

Practice Knowledge Check Saved General Journal Ledgers Post the transactions in to the appropriate leger sccounts. Nint Be sure to enter beginning balances. Mar 31, 2019 Mar 31, 2019 Mar 31, 2019 0.33 poinns Mar 31, 2019 Mar 31, 2019 eBock Mar 31, 2019 Mar 31, 2019 Mar 31, 2019 Mar 31, 2019 Mar 31, 2019 No. 5 Mar 31 2019 Mar 31 2019 Mar 31, 2019 Mar 31, 2019 Mar 31, 2019 Mar 31, 2019 Mar 31 2019 Mar 31, 2019 Mar 31, 2019 Mar 31, 2019 Mar 31 2019 Mar 31, 2019 Prev 1 of 6 Score answer >

General Journal Ledgers Prepare the closing entries View transaction list 033 points Journal entry worksheet eBook Hint Record the closing entry for revenue. References Note: Enter debits before credits. Date Mar 31, 2019 Clear entry View general journal Record entry Ledgers

General Journal Ledgers Prepare the closing entries. View transaction list 033 points Journal entry worksheet eDook Hint Record the closing entry for expenses %ote: Enter debts before rr edits. Mar 31, 2019 Record entry Clear entry View general journal Score anawer> Prey 1 of 6

Journal Ledgers Prepare the closing entries. View transaction list 0.33 points Journal entry worksheet eBook Hint References Record the closing entry for the balance of income summary Note: Enter debits before credits. Mar 31, 2019 Record entry Clear entry View general journal Ledgers Prev 1 of 6 E Score.answer >

ge Check Saved General ournal Ledgers Prepare the closing entries View transaction list 0.33 points Journal entry worksheet eBook Hint Record the closing entry for the drawing account. Note: Enter debits before credits. Mar 31, 2019 Record entry Clear entry View general journal Ledgers

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depreciation expense account number 510 debit date credit accumulated depreciation a/c 10580 balance c/d 31240 accumulated depreciation a/c 20660 accounts receivable account number 111 debit salaries expense-account number 517 date credit date debit credit balance c/d 29910 cash a/c 29910 cash a/c83000 repaid insurance a/c 83000 supplies account number 121 drawings account number 302 date debit credit date debit credit balance c/d 5300 supplies ex 5300 cash a/c 6500 balance c/d 6500 prepaid insurance account number 131 debit fees income account number 40:1 debit date credit date credit balance insurance a/c 12500 balance c/d 12500 187230 cash a/c 187230 equipment account number 141 acumulated depreciation expense account number 510 date debit credit date debit credit balance depreciation a/c depreciation a/c cash a/c 59000 depreciation balance c/d 20660 31240 10580 38340 20660 insurance account number 513 accounts payable-account number 202 debit date debit credit date credit cash a/c 5700 epaid insurance a/c 5700 cash a/c 7000 balance c/d 7000supplies expense -account number 518 date debit supplies5300 credit capital- account number 301 balance c/d 8100 date debit credit cash a/c 2800 balance c/d 65000 cash a/c 65000 telephone expense account number 519 date debit credit income account account number 399 3400 balance c/d 3400 cash a/c 16500 fees income rent utilities telephone supllies 187230 29910 65000 62300 4700 acc receivable 3400 capital utilities expense account number 523 2800 5700 6500 83000 59000 7000 31240 net loss date debit credit nsurance drwaings salaries equipment acc payable depreciation 4700 balance c/d 4700 cash a/c rent- account number 514 date debit credit income 219840 219840 16500 balance c/d 16500there is a slight error in above income account. acc payables and acc rec dont come in income acc. net profit of 39990.total of 252,230 balancing figue on dr and cr side

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