Question

Accounting

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$352,290
Harrison Taylor, Drawing12,910
Fees Earned137,950
Wages Expense46,330
Rent Expense13,050
Supplies Expense14,840
Miscellaneous Expense1,130

Journalize the entries required to close the accounts. If an amount box does not require an entry, leave it blank.


0 0
Add a comment Improve this question Transcribed image text
Request Professional Answer

Request Answer!

We need at least 10 more requests to produce the answer.

0 / 10 have requested this problem solution

The more requests, the faster the answer.

Request! (Login Required)


All students who have requested the answer will be notified once they are available.
Know the answer?
Add Answer to:
Accounting
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Similar Homework Help Questions
  • 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...

  • 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.

  • 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...

  • 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...

  • 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...

  • 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....

  • im doing something wrong cant figure out what. please help. thanks! Calculator After the accounts have...

    im doing something wrong cant figure out what. please help. thanks! Calculator 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 Do Retained Earnings $350,590 Dividends 5,670 Fees Earned 128,590 Wages Expense 42.250 Rent Expense 15,030 Supplies Expense 14.070 Miscellaneous Expense 1,660 poumalize the two entries required to close the accounts. If an amount box does not require an entry, leave it blank. Jan....

  • Closing Entries with Net Loss Stylist Services Co. offers its services to individuals desiring to improve...

    Closing Entries with Net Loss Stylist Services Co. offers its services to individuals desiring to improve their personal images. After the accounts have been adjusted at July 31, the end of the fiscal year, the following balances were taken from the ledger of Stylist Services Co.: Marlena Fenton, Capital $410,000 Marlena Fenton, Drawing 25,000 Fees Earned 185,000 Wages Expense 162,000 Rent Expense 38,500 9,400 Supplies Expense Miscellaneous Expense 4,500 Journalize the two entries required to close the accounts. For a...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT