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So the two entries can be done in 2 ways..Type-1 & Type-2
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Instructions After the accounts have been adjusted at December 31, the end of the fiscal year,...
After the accounts have been adjusted at December 31, the end of the fiscal year, the...
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. CHART OF ACCOUNTS Pioneer Delivery Services Co....
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....
journal after the accounts have been adjusted at December 31, the end of the fiscal year,...
journal 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. 9,556,300 Kerry Buckner, drawing. 80,000 Fees earned 1,878,400 Wages expense. 1,415,500 Rent expense. 125,000 Supplies Expense 30,000 Miscellaneous expense. 22,100
5 After the accounts have been adjusted at July 31, the end of the fiscal year,...
5 After the accounts have been adjusted at July 31, the end of the fiscal year, the following balances are taken from the ledger of Cabriolet Services Co. $615,850 Terry Lambert, Capital Fees Earned 330,450 Wages Expense 220,000 63,000 Rent Expense Supplies Expense 18,250 Miscellaneous Expense 6,200 Journalize the entries required to close the accounts.
After the accounts have been adjusted at January 31, the end of the year, the following...
After the accounts have been adjusted at January 31, the end of the year, the following balances are taken from the ledger of Harrison's Dog Walking Service Company: Harrison Taylor, Capital $352,150 Harrison Taylor, Drawing 14,640 Fees Earned 120,020 Wages Expense 41,510 Rent Expense 14,780 Supplies Expense 14,010 Miscellaneous Expense 1,900 Required: Journalize the entries required to close the accounts. Refer to the Chart of Accounts for exact wording of account titles.
After the accounts have been adjusted at January 31, the end of the year, the...
After the accounts have been adjusted at January 31, the end of the year, the following balances are taken from the ledger of Harrison's Dog Walking Service Company: Harrison Taylor, Capital $349,000 Harrison Taylor, Drawing 6,000 Fees Earned 124,600 Wages Expense 29,000 Rent Expense 43,000 Supplies Expense 7,300 Miscellaneous Expense 5,700 Required: Journalize the entries required to close the accounts. Refer to the Chart of Accounts for exact wording of account titles. Can anyone please help solve this.
Closing Entries After the accounts have been adjusted at May 31, the end of the fiscal...
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...
after the accounts have been adjusted at January 31st, the end of the year the following...
after the accounts have been adjusted at January 31st, the end
of the year the following balances are taken from the ledger of
harrisons dog walking service company
it
uses 8 lines in the journal
After the accounts have been adjusted at January 31, the end of the year, the following balances are taken trom the ledger of Harrison's Dog Walking Service Company Harrison Taylor, Capital $349,000 Harrison Taylor, Drawing 6,000 Fees Eamed 124.600 Wages Expense 29,000 Rent Expense 43,000...
After the accounts have been adjusted at January 31, the end of the fiscal year, the...
After the accounts have been adjusted at January 31, the end of the fiscal year, the following balances are taken from the ledger of Harrison's Dog Walking Service Company: Retained Earnings $354,030 Dividends 6,060 Fees Eamed 124,010 Wages Expense 47,510 Rent Expense 15,690 Supplies Expense 15,950 Miscellaneous Expense 1,790 < Journalize the two entries required to close the accounts. If an amount box does not require an entry, leave it blank Jan. 31 Tees Earned Wages Expense Rent Expense Supplies...
Calculator After the accounts have been adjusted at January 31, the end of the year, the...
Calculator After the accounts have been adjusted at January 31, the end of the year, the following balances are taken from the ledger of Harrison's Dog Walking Service Company: Harrison Taylor, Capital $353,330 Harrison Taylor, Drawing 12,080 Fees Earned 136,640 Wages Expense 44,270 Rent Expense 15,990 Supplies Expense 14,150 Miscellaneous Expense 1,730 pournalize the entries required to close the accounts. If an amount box does not require an entry, leave it blank. Jan. 31 Fees Earned Wages Expense Rent Expense...
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....
5 After the accounts have been adjusted at July 31, the end of the fiscal year, the following balances are taken from the ledger of Cabriolet Services Co. $615,850 Terry Lambert, Capital Fees Earned 330,450 Wages Expense 220,000 63,000 Rent Expense Supplies Expense 18,250 Miscellaneous Expense 6,200 Journalize the 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...
after the accounts have been adjusted at January 31st, the end
of the year the following balances are taken from the ledger of
harrisons dog walking service company
it
uses 8 lines in the journal
After the accounts have been adjusted at January 31, the end of the year, the following balances are taken trom the ledger of Harrison's Dog Walking Service Company Harrison Taylor, Capital $349,000 Harrison Taylor, Drawing 6,000 Fees Eamed 124.600 Wages Expense 29,000 Rent Expense 43,000...
After the accounts have been adjusted at January 31, the end of the fiscal year, the following balances are taken from the ledger of Harrison's Dog Walking Service Company: Retained Earnings $354,030 Dividends 6,060 Fees Eamed 124,010 Wages Expense 47,510 Rent Expense 15,690 Supplies Expense 15,950 Miscellaneous Expense 1,790 < Journalize the two entries required to close the accounts. If an amount box does not require an entry, leave it blank Jan. 31 Tees Earned Wages Expense Rent Expense Supplies...
Calculator After the accounts have been adjusted at January 31, the end of the year, the following balances are taken from the ledger of Harrison's Dog Walking Service Company: Harrison Taylor, Capital $353,330 Harrison Taylor, Drawing 12,080 Fees Earned 136,640 Wages Expense 44,270 Rent Expense 15,990 Supplies Expense 14,150 Miscellaneous Expense 1,730 pournalize the entries required to close the accounts. If an amount box does not require an entry, leave it blank. Jan. 31 Fees Earned Wages Expense Rent Expense...
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